Century Paper & Board 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 10,681.07 million compared to PKR 12,638.41 million a year ago. Net income was PKR 54.71 million compared to net loss of PKR 47.78 million a year ago. Basic earnings per share from continuing operations was PKR 0.14 compared to basic loss per share from continuing operations of PKR 0.12 a year ago.
For the six months, sales was PKR 22,078.65 million compared to PKR 24,925.08 million a year ago. Net income was PKR 354.23 million compared to PKR 190.79 million a year ago. Basic earnings per share from continuing operations was PKR 0.88 compared to PKR 0.47 a year ago.