Systems Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 28, 2020 at 03:42 am EDT
Systems Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was PKR 2,509.248 million compared to PKR 1,891.595 million a year ago. Operating income was PKR 550.660 million compared to PKR 377.633 million a year ago. Net income was PKR 551.723 million compared to PKR 347.470 million a year ago. Basic earnings per share from continuing operations was PKR 4.43 compared to PKR 2.83 a year ago. Diluted earnings per share from continuing operations was PKR 4.36 compared to PKR 2.81 a year ago. For the nine months, sales was PKR 7,068.619 million compared to PKR 5,472.374 million a year ago. Operating income was PKR 1,430.607 million compared to PKR 996.411 million a year ago. Net income was PKR 1,631.331 million compared to PKR 1,232.782 million a year ago. Basic earnings per share from continuing operations was PKR 13.14 compared to PKR 10.1 a year ago. Diluted earnings per share from continuing operations was PKR 12.94 compared to PKR 10.04 a year ago.