Sana Industries Ltd. said its normalized net income for the fiscal first quarter ended Sept. 30 came to 3.00 Pakistani rupees per share, a gain of 13.1% from 2.65 rupees per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 25.8 million rupees, a gain of 13.1% from 22.8 million rupees in the year-earlier period.
The normalized profit margin fell to 5.5% from 6.1% in the year-earlier period.
Total revenue climbed 25.6% on an annual basis to 466.2 million rupees from 371.2 million rupees, and total operating expenses grew 25.8% year over year to 411.3 million rupees from 326.9 million rupees.
Reported net income increased 28.0% year over year to 30.6 million rupees, or 3.56 rupees per share, from 23.9 million rupees, or 2.78 rupees per share.
As of Dec. 19, US$1 was equivalent to 100.58 Pakistani rupees.
