Al Shaheer Corporation Limited Posts Significant Losses in Q1

Karachi, (PPI Bot): Al Shaheer Corporation Limited reported its financial results for the first quarter ended September 30, 2023. Both unconsolidated and consolidated reports showed significant losses. The unconsolidated financials revealed a before-tax loss of PKR 890.137 million and an after-tax loss of PKR 903.625 million, with an earnings per share of PKR 2.41. The consolidated results were similar, with a before-tax loss of PKR 890.185 million and an after-tax loss of PKR 903.673 million, also resulting in an earnings per share of PKR 2.41.