Cherat Packaging 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 4,040.53 million compared to PKR 3,466.63 million a year ago. Net income was PKR 42.45 million compared to PKR 281.16 million a year ago. Basic earnings per share from continuing operations was PKR 0.8667 compared to PKR 5.7238 a year ago.
For the six months, sales was PKR 7,843.34 million compared to PKR 6,562.7 million a year ago. Net income was PKR 204.46 million compared to PKR 553.67 million a year ago. Basic earnings per share from continuing operations was PKR 4.1619 compared to PKR 11.2762 a year ago.