Merit Packaging 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 1,180.18 million compared to PKR 823.66 million a year ago. Net loss was PKR 19.8 million compared to PKR 86.42 million a year ago. Basic loss per share from continuing operations was PKR 0.1.
For the nine months, sales was PKR 3,102.91 million compared to PKR 2,166.83 million a year ago. Net loss was PKR 114.42 million compared to PKR 423.89 million a year ago. Basic loss per share from continuing operations was PKR 0.87.