Philip Morris (Pakistan) Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PKR 4,820.78 million compared to PKR 4,784.23 million a year ago. Net income was PKR 383.48 million compared to PKR 1,001.47 million a year ago. Basic earnings per share from continuing operations was PKR 6.23 compared to PKR 16.26 a year ago. Diluted earnings per share from continuing operations was PKR 4.76 compared to PKR 13.89 a year ago.
For the six months, sales was PKR 10,166 million compared to PKR 9,224.03 million a year ago. Net income was PKR 1,533.32 million compared to PKR 1,719.88 million a year ago. Basic earnings per share from continuing operations was PKR 24.9 compared to PKR 27.93 a year ago. Diluted earnings per share from continuing operations was PKR 19.03 compared to PKR 23.86 a year ago.