Masood Textile 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 14,822.93 million compared to PKR 15,841.78 million a year ago. Net income was PKR 668.16 million compared to PKR 663.95 million a year ago. Basic earnings per share from continuing operations was PKR 9.66 compared to PKR 9.64 a year ago. Diluted earnings per share from continuing operations was PKR 8.61 compared to PKR 8.81 a year ago.
For the nine months, sales was PKR 44,328.67 million compared to PKR 44,811.15 million a year ago. Net income was PKR 1,870.56 million compared to PKR 1,836.47 million a year ago. Basic earnings per share from continuing operations was PKR 26.96 compared to PKR 26.66 a year ago. Diluted earnings per share from continuing operations was PKR 24.4 compared to PKR 23.84 a year ago.