Shahmurad Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was PKR 3,937.51 million compared to PKR 5,494.99 million a year ago. Net loss was PKR 541.47 million compared to net income of PKR 1,054.73 million a year ago. Basic loss per share from continuing operations was PKR 25.64 compared to basic earnings per share from continuing operations of PKR 49.94 a year ago.
For the six months, sales was PKR 10,930.92 million compared to PKR 9,578.12 million a year ago. Net income was PKR 425.08 million compared to PKR 1,896.53 million a year ago. Basic earnings per share from continuing operations was PKR 20.13 compared to PKR 89.8 a year ago.