First Imrooz Modaraba reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 327.43 million compared to PKR 612.89 million a year ago. Net income was PKR 24.78 million compared to net loss of PKR 116.44 million a year ago. Basic earnings per share from continuing operations was PKR 8.26 compared to basic loss per share from continuing operations of PKR 38.81 a year ago. Diluted earnings per share from continuing operations was PKR 8.26 compared to diluted loss per share from continuing operations of PKR 38.81 a year ago.
For the nine months, sales was PKR 936.27 million compared to PKR 1,317.5 million a year ago. Net income was PKR 78.15 million compared to net loss of PKR 117.82 million a year ago. Basic earnings per share from continuing operations was PKR 26.05 compared to basic loss per share from continuing operations of PKR 39.27 a year ago. Diluted earnings per share from continuing operations was PKR 26.05 compared to diluted loss per share from continuing operations of PKR 39.27 a year ago.