Artistic Denim 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 4,977.48 million compared to PKR 4,098.67 million a year ago. Net income was PKR 351.75 million compared to PKR 115.06 million a year ago. Basic earnings per share from continuing operations was PKR 4.19 compared to PKR 1.37 a year ago.
For the nine months, sales was PKR 12,469.37 million compared to PKR 12,059.24 million a year ago. Net income was PKR 817.51 million compared to PKR 357.24 million a year ago. Basic earnings per share from continuing operations was PKR 9.73 compared to PKR 4.25 a year ago.