Prosperity Weaving 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 3,795.5 million compared to PKR 3,017.36 million a year ago. Net income was PKR 48.82 million compared to PKR 86.24 million a year ago. Basic earnings per share from continuing operations was PKR 2.64 compared to PKR 4.67 a year ago.
For the nine months, sales was PKR 10,938.91 million compared to PKR 8,933.67 million a year ago. Net income was PKR 125.92 million compared to PKR 432.84 million a year ago. Basic earnings per share from continuing operations was PKR 6.81 compared to PKR 23.42 a year ago.