Shezan International Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 1,384.54 million compared to PKR 1,672.05 million a year ago. Net loss was PKR 204.87 million compared to PKR 19.41 million a year ago. Basic loss per share from continuing operations was PKR 21.2 compared to PKR 2.01 a year ago.
For the six months, sales was PKR 3,504.85 million compared to PKR 4,105.68 million a year ago. Net loss was PKR 232.52 million compared to net income of PKR 14.29 million a year ago. Basic loss per share from continuing operations was PKR 24.06 compared to basic earnings per share from continuing operations of PKR 1.48 a year ago.