Modaraba Al-Mali reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 1.05 million. Revenue was PKR 0.998857 million compared to PKR 4.68 million a year ago. Net income was PKR 27.99 million compared to PKR 24.57 million a year ago. Basic earnings per share from continuing operations was PKR 0.35.
For the nine months, sales was PKR 2.45 million. Revenue was PKR 0.483326 million compared to PKR 10.43 million a year ago. Net loss was PKR 12.55 million compared to net income of PKR 24.62 million a year ago. Basic loss per share from continuing operations was PKR 0.16 compared to basic earnings per share from continuing operations of PKR 0.31 a year ago.