Saif Power Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PKR 8,154.71 million compared to PKR 10,777.24 million a year ago. Net loss was PKR 476.99 million compared to net income of PKR 987.8 million a year ago. Basic loss per share from continuing operations was PKR 1.662 compared to basic earnings per share from continuing operations of PKR 2.56 a year ago. Basic loss per share was PKR 1.22 compared to basic earnings per share of PKR 2.56 a year ago.
For the six months, sales was PKR 10,209.73 million compared to PKR 11,929.14 million a year ago. Net loss was PKR 574.82 million compared to net income of PKR 1,180.76 million a year ago. Basic loss per share from continuing operations was PKR 1.921 compared to basic earnings per share from continuing operations of PKR 2.483 a year ago. Basic loss per share was PKR 1.47 compared to basic earnings per share of PKR 3.08 a year ago.