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Packages 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 43,829.06 million compared to PKR 32,472.64 million a year ago. Net income was PKR 1,379.78 million compared to PKR 1,736.14 million a year ago. Basic earnings per share from continuing operations was PKR 15.44 compared to PKR 19.42 a year ago. Diluted earnings per share from continuing operations was PKR 14.5 compared to PKR 18.08 a year ago.For the nine months, sales was PKR 119,738.01 million compared to PKR 90,249.97 million a year ago. Net income was PKR 8,057.72 million compared to PKR 7,009.73 million a year ago. Basic earnings per share from continuing operations was PKR 89.44 compared to PKR 77.71 a year ago. Diluted earnings per share from continuing operations was PKR 83.66 compared to PKR 72.69 a year ago.
Period Ending: | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 |
---|---|---|---|---|
Total Revenue | 43829.06 | 37140.5 | 38768.45 | 31643.62 |
Gross Profit | 9917.91 | 10555.89 | 9762.35 | 5780.16 |
Operating Income | 5908.4 | 8402.3 | 5504.04 | 5102.54 |
Net Income | 1379.78 | 5314.98 | 1362.96 | -84.14 |
Period Ending: | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 |
---|---|---|---|---|
Total Assets | 216481.08 | 202894.24 | 175251.82 | 172489.28 |
Total Liabilities | 128515.59 | 119200.37 | 110794.35 | 105779.86 |
Total Equity | 87965.49 | 83693.86 | 64457.47 | 66709.42 |
Period Ending: | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -5432.45 | 15849.18 | 4303.15 | -1049.81 |
Cash From Investing Activities | -7814.89 | -9991.66 | -3554.69 | -5455.5 |
Cash From Financing Activities | 2544.98 | 2405.58 | 977.52 | 2450.87 |
Net Change in Cash | -10702.36 | 8263.1 | 1725.98 | -4053.66 |
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