Nishat (Chunian) Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 20,156.49 million compared to PKR 14,455.78 million a year ago. Net loss was PKR 902.01 million compared to PKR 1,708.89 million a year ago. Basic loss per share from continuing operations was PKR 3.76 compared to PKR 7.12 a year ago.
For the six months, sales was PKR 44,453.56 million compared to PKR 32,924.28 million a year ago. Net loss was PKR 385.11 million compared to PKR 1,709.89 million a year ago. Basic loss per share from continuing operations was PKR 1.6 compared to PKR 7.12 a year ago.