National Refinery 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 105,150.14 million compared to PKR 66,736.3 million a year ago. Revenue was PKR 91,536.83 million compared to PKR 57,485.37 million a year ago. Net loss was PKR 1,092.88 million compared to net income of PKR 2,144.51 million a year ago. Basic loss per share from continuing operations was PKR 13.66 compared to basic earnings per share from continuing operations of PKR 26.81 a year ago.
For the six months, sales was PKR 182,879.2 million compared to PKR 120,782.03 million a year ago. Revenue was PKR 159,870.82 million compared to PKR 102,797.82 million a year ago. Net loss was PKR 5,484.24 million compared to net income of PKR 2,550.48 million a year ago. Basic loss per share from continuing operations was PKR 68.58 compared to basic earnings per share from continuing operations of PKR 31.89 a year ago.