Pakistan, May 14 -- The Sui Southern Gas Company (SSGC) made public its accounts for the year ended June 30, 2024, announcing a massive consolidated profit of Rs8.3 billion during the period.

The profit is a complete turnaround from a loss of Rs836 million incurred by SSGC in the same period of the preceding year, according to a notice sent to the Pakistan Stock Exchange (PSX) on Tuesday.

The company's earnings per share (EPS) were recorded at Rs9.41 in the 12 months compared to a loss per share (LPS) of Re0.95 in the same period of the previous fiscal year.

The profit was driven by a massive gain made by the utility on account of other income.

SSGC's net sales (after tariff adjustments) rose to Rs465.8 billion in July-June 2024 compa...