Towellers 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 2,582.67 million compared to PKR 3,206.38 million a year ago. Net income was PKR 388.85 million compared to PKR 350.21 million a year ago. Basic earnings per share from continuing operations was PKR 22.87 compared to PKR 20.6 a year ago.
For the six months, sales was PKR 5,661.29 million compared to PKR 5,575.9 million a year ago. Net income was PKR 1,140.12 million compared to PKR 596.75 million a year ago. Basic earnings per share from continuing operations was PKR 67.07 compared to PKR 35.1 a year ago.