Mehran Sugar Mills Limited reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was PKR 2,195.35 million compared to PKR 2,767.36 million a year ago. Revenue was PKR 1,875.09 million compared to PKR 2,365.61 million a year ago. Net income was PKR 85.8 million compared to net loss of PKR 35.75 million a year ago. Basic earnings per share from continuing operations was PKR 1.1475 compared to basic loss per share from continuing operations of PKR 0.4768 a year ago.
For the nine months, sales was PKR 4,786.59 million compared to PKR 5,552.94 million a year ago. Revenue was PKR 4,194.57 million compared to PKR 4,848.22 million a year ago. Net income was PKR 259.42 million compared to PKR 263.15 million a year ago. Basic earnings per share from continuing operations was PKR 3.4586 compared to PKR 3.5152 a year ago.