trending Market Intelligence /marketintelligence/en/news-insights/trending/LbCL6ZgI-L-dbhxYYphHEg2 content esgSubNav
In This List

Ansari Sugar Mills swings to loss in fiscal Q2


Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire


The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges


A Sustainability Framework for Customer and Supplier Credit Risk Management


Lithium Import

Ansari Sugar Mills swings to loss in fiscal Q2

4913831 said its normalized net income for the fiscal second quarter ended March 31 came to a loss of 35 Pakistani paisa per share, compared with 2.15 rupees per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 8.5 million rupees, compared with income of 52.6 million rupees in the prior-year period.

The normalized profit margin declined to negative 1.6% from 10.3% in the year-earlier period.

Total revenue rose on an annual basis to 531.2 million rupees from 510.6 million rupees, and total operating expenses climbed 33.9% on an annual basis to 438.7 million rupees from 327.7 million rupees.

eported net income totaled a loss of 30.9 million rupees, or a Ansari Sugar Mills Ltd..