J.K. 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 11,511.97 million compared to PKR 9,735.82 million a year ago. Net income was PKR 168.4 million compared to PKR 985.77 million a year ago. Basic earnings per share from continuing operations was PKR 1.65 compared to PKR 9.63 a year ago.
For the nine months, sales was PKR 31,942.49 million compared to PKR 26,746.91 million a year ago. Net income was PKR 679.36 million compared to PKR 2,077.09 million a year ago. Basic earnings per share from continuing operations was PKR 6.64 compared to PKR 20.3 a year ago.