Sunrays Textile Mills Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 5,270.6 million compared to PKR 2,621.86 million a year ago. Net income was PKR 270.65 million compared to PKR 8.26 million a year ago. Basic earnings per share from continuing operations was PKR 13.08 compared to PKR 0.4 a year ago.
For the six months, sales was PKR 9,957.53 million compared to PKR 4,584.46 million a year ago. Net income was PKR 341.98 million compared to PKR 189.29 million a year ago. Basic earnings per share from continuing operations was PKR 16.52 compared to PKR 9.14 a year ago.