Pioneer Cement 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 14,008.66 million compared to PKR 13,913.73 million a year ago. Revenue was PKR 10,112.62 million compared to PKR 10,324.66 million a year ago. Net income was PKR 1,692.73 million compared to PKR 1,175.44 million a year ago. Basic earnings per share from continuing operations was PKR 7.45 compared to PKR 5.17 a year ago.
For the six months, sales was PKR 26,097.47 million compared to PKR 25,081.76 million a year ago. Revenue was PKR 18,824.84 million compared to PKR 18,646.2 million a year ago. Net income was PKR 2,625.76 million compared to PKR 1,761.27 million a year ago. Basic earnings per share from continuing operations was PKR 11.56 compared to PKR 7.75 a year ago.