Sitara Energy Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 534.84 million compared to PKR 146.24 million a year ago. Net loss was PKR 20.56 million compared to PKR 31.77 million a year ago. Basic loss per share from continuing operations was PKR 1.08 compared to PKR 1.66 a year ago.
For the nine months, sales was PKR 750.6 million compared to PKR 255.68 million a year ago. Net loss was PKR 102.73 million compared to PKR 118.42 million a year ago. Basic loss per share from continuing operations was PKR 5.38 compared to PKR 6.2 a year ago.