Dewan Farooque Spinning Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 172.88 million compared to PKR 164.77 million a year ago. Net loss was PKR 160.01 million compared to PKR 61.3 million a year ago. Basic loss per share from continuing operations was PKR 1.64 compared to PKR 0.63 a year ago.
For the nine months, sales was PKR 333.42 million compared to PKR 496.01 million a year ago. Net loss was PKR 299.55 million compared to PKR 214.86 million a year ago. Basic loss per share from continuing operations was PKR 3.06 compared to PKR 2.2 a year ago.