Janana De Malucho Textile Mills 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 1,436.63 million compared to PKR 1,817.99 million a year ago. Net loss was PKR 75.61 million compared to net income of PKR 80.58 million a year ago. Basic loss per share from continuing operations was PKR 10.93 compared to basic earnings per share from continuing operations of PKR 13.66 a year ago.
For the nine months, sales was PKR 4,807.72 million compared to PKR 5,368.67 million a year ago. Net loss was PKR 77.28 million compared to net income of PKR 287.39 million a year ago. Basic loss per share from continuing operations was PKR 11.17 compared to basic earnings per share from continuing operations of PKR 55.8 a year ago.