The Premier Sugar Mills & Distillery Company Limited reported earnings results for the second quarter and six months ended March 31, 2023. For the second quarter, the company reported sales was PKR 8,944.69 million compared to PKR 5,104.52 million a year ago. Revenue was PKR 8,083.06 million compared to PKR 4,421.08 million a year ago. Net income was PKR 448.33 million compared to PKR 81.35 million a year ago. Basic earnings per share from continuing operations was PKR 49.97 compared to PKR 1.09 a year ago.
For the six months, sales was PKR 13,568.46 million compared to PKR 8,225.51 million a year ago. Revenue was PKR 12,296.89 million compared to PKR 7,315.82 million a year ago. Net income was PKR 517.59 million compared to PKR 28.19 million a year ago. Basic earnings per share from continuing operations was PKR 67.09 compared to basic loss per share from continuing operations of PKR 14.17 a year ago.