Highnoon Laboratories Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PKR 5,153.34 million compared to PKR 4,191.86 million a year ago. Net income was PKR 610.43 million compared to PKR 678.03 million a year ago. Basic earnings per share from continuing operations was PKR 11.52 compared to PKR 12.8 a year ago.
For the nine months, sales was PKR 15,067.27 million compared to PKR 12,032.13 million a year ago. Net income was PKR 1,824.32 million compared to PKR 1,776.29 million a year ago. Basic earnings per share from continuing operations was PKR 34.43 compared to PKR 33.53 a year ago.