Sapphire Fibres Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 10,516.07 million compared to PKR 14,186.61 million a year ago. Net income was PKR 755.31 million compared to PKR 1,683.74 million a year ago. Basic earnings per share from continuing operations was PKR 36.54 compared to PKR 81.45 a year ago.
For the six months, sales was PKR 29,471.67 million compared to PKR 29,466.42 million a year ago. Net income was PKR 2,762.99 million compared to PKR 3,288.6 million a year ago. Basic earnings per share from continuing operations was PKR 133.66 compared to PKR 159.09 a year ago.