Nishat Mills 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 46,421.53 million compared to PKR 41,933.92 million a year ago. Net income was PKR 1,302.51 million compared to PKR 3,416.69 million a year ago. Basic earnings per share from continuing operations was PKR 3.7 compared to PKR 9.72 a year ago.
For the six months, sales was PKR 102,842.67 million compared to PKR 94,041.81 million a year ago. Net income was PKR 4,822.48 million compared to PKR 7,499.38 million a year ago. Basic earnings per share from continuing operations was PKR 13.72 compared to PKR 21.33 a year ago.