Ellcot Spinning Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was PKR 2,925.96 million compared to PKR 2,102.02 million a year ago. Net income was PKR 361.26 million compared to PKR 304.25 million a year ago. Basic earnings per share from continuing operations was PKR 32.99 compared to PKR 27.79 a year ago.
For the nine months, sales was PKR 7,923.05 million compared to PKR 5,360.78 million a year ago. Net income was PKR 1,185.24 million compared to PKR 450.67 million a year ago. Basic earnings per share from continuing operations was PKR 108.24 compared to PKR 41.16 a year ago.