Pioneer Cement Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 12,503.26 million compared to PKR 10,767.98 million a year ago. Revenue was PKR 9,149.86 million compared to PKR 7,727.93 million a year ago. Net income was PKR 949.96 million compared to PKR 485.31 million a year ago. Basic earnings per share from continuing operations was PKR 4.18 compared to PKR 2.14 a year ago.
For the nine months, sales was PKR 37,585.02 million compared to PKR 31,769.74 million a year ago. Revenue was PKR 27,796.07 million compared to PKR 22,539.38 million a year ago. Net income was PKR 2,711.23 million compared to PKR 1,628.54 million a year ago. Basic earnings per share from continuing operations was PKR 11.94 compared to PKR 7.17 a year ago.