Philip Morris (Pakistan) Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PKR 4,800.44 million compared to PKR 3,565.12 million a year ago. Net income was PKR 842.31 million compared to PKR 351 million a year ago. Basic earnings per share from continuing operations was PKR 13.68 compared to PKR 5.7 a year ago. Diluted earnings per share from continuing operations was PKR 10.1 compared to PKR 4.77 a year ago.
For the nine months, sales was PKR 14,966.44 million compared to PKR 12,789.15 million a year ago. Net income was PKR 2,375.63 million compared to PKR 2,070.88 million a year ago. Basic earnings per share from continuing operations was PKR 38.58 compared to PKR 33.63 a year ago. Diluted earnings per share from continuing operations was PKR 28.48 compared to PKR 28.12 a year ago.