Merit Packaging Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 1,627.1 million compared to PKR 1,051.62 million a year ago. Net loss was PKR 66.51 million compared to PKR 37.53 million a year ago. Basic loss per share from continuing operations was PKR 0.33 compared to PKR 0.34 a year ago.
For the six months, sales was PKR 3,018.93 million compared to PKR 1,922.73 million a year ago. Net loss was PKR 63.07 million compared to PKR 94.63 million a year ago. Basic loss per share from continuing operations was PKR 0.32 compared to PKR 0.97 a year ago.