Baluchistan Wheels 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 473.85 million compared to PKR 732.23 million a year ago. Net income was PKR 47.89 million compared to PKR 54.63 million a year ago. Basic earnings per share from continuing operations was PKR 3.59 compared to PKR 4.1 a year ago.
For the nine months, sales was PKR 1,358.85 million compared to PKR 2,036.68 million a year ago. Net income was PKR 105.94 million compared to PKR 163.09 million a year ago. Basic earnings per share from continuing operations was PKR 7.94 compared to PKR 12.23 a year ago.