OLP Modaraba reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 224.04 million compared to PKR 236.65 million a year ago. Revenue was PKR 536.41 million compared to PKR 451.76 million a year ago. Net income was PKR 36.52 million compared to PKR 33.47 million a year ago. Basic earnings per share from continuing operations was PKR 0.8 compared to PKR 0.74 a year ago.
For the six months, sales was PKR 451.51 million compared to PKR 474.99 million a year ago. Revenue was PKR 1,063.83 million compared to PKR 882.24 million a year ago. Net income was PKR 76.72 million compared to PKR 58.09 million a year ago. Basic earnings per share from continuing operations was PKR 1.69 compared to PKR 1.28 a year ago.