Sakrand Sugar Mills Limited reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was PKR 311.67 million compared to PKR 115.03 million a year ago. Net loss was PKR 25.23 million compared to PKR 129.22 million a year ago. Basic loss per share from continuing operations was PKR 0.57 compared to PKR 2.9 a year ago.
For the nine months, sales was PKR 2,343.81 million compared to PKR 3,844.03 million a year ago. Net loss was PKR 123.9 million compared to PKR 277.25 million a year ago. Basic loss per share from continuing operations was PKR 2.78 compared to PKR 6.21 a year ago.