Pakistan, May 13 -- Sui Southern Gas Company (SSGC) has posted a massive profit of Rs8.3 billion for the fiscal year ending on June 30, 2024. This marks a dramatic turnaround from the Rs836 million loss it incurred in the same period last year. This financial recovery is a sign of improved operations after a period of difficulty.

The company's earnings per share (EPS) were recorded at Rs9.41, compared to a loss per share of Re0.95 in the previous fiscal year. The key driver for this remarkable profit increase was the substantial rise in other income, which more than doubled to Rs46.97 billion from Rs23.28 billion in the prior year.

SSGC's net sales for the period reached Rs465.8 billion, marking an increase of over 3% compared to the pr...