Allawasaya Textile & Finishing Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 917.48 million compared to PKR 1,244.22 million a year ago. Net loss was PKR 83.18 million compared to net income of PKR 39.59 million a year ago. Basic loss per share from continuing operations was PKR 103.98 compared to basic earnings per share from continuing operations of PKR 49.48 a year ago.
For the nine months, sales was PKR 2,681.77 million compared to PKR 3,601.65 million a year ago. Net loss was PKR 187.61 million compared to net income of PKR 141.46 million a year ago. Basic loss per share from continuing operations was PKR 234.51 compared to basic earnings per share from continuing operations of PKR 176.83 a year ago.