JDW Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was PKR 29,844.18 million compared to PKR 22,916.08 million a year ago. Revenue was PKR 27,124.23 million compared to PKR 20,438.25 million a year ago. Net income was PKR 894.83 million compared to PKR 2,132.09 million a year ago. Basic earnings per share from continuing operations was PKR 10.05 compared to PKR 35.68 a year ago. Basic earnings per share was PKR 15.48 compared to PKR 35.68 a year ago.
For the six months, sales was PKR 52,499.88 million compared to PKR 37,225.86 million a year ago. Revenue was PKR 46,884.98 million compared to PKR 32,965.63 million a year ago. Net income was PKR 1,455.1 million compared to PKR 3,364.19 million a year ago. Basic earnings per share from continuing operations was PKR 19.44 compared to PKR 56.29 a year ago. Basic earnings per share was PKR 24.75 compared to PKR 56.29 a year ago.