Sitara Chemical Industries 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 6,769.5 million compared to PKR 5,528.86 million a year ago. Net income was PKR 259.01 million compared to PKR 219.04 million a year ago. Basic earnings per share from continuing operations was PKR 12.09 compared to PKR 10.22 a year ago.
For the six months, sales was PKR 11,968.35 million compared to PKR 9,385.08 million a year ago. Net income was PKR 87.9 million compared to PKR 253.07 million a year ago. Basic earnings per share from continuing operations was PKR 4.1 compared to PKR 11.81 a year ago.