Shabbir Tiles and Ceramics 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 3,923.28 million compared to PKR 4,140.56 million a year ago. Net income was PKR 49.65 million compared to PKR 143.06 million a year ago. Basic earnings per share from continuing operations was PKR 0.21 compared to PKR 0.6 a year ago.
For the nine months, sales was PKR 12,355.76 million compared to PKR 10,497.83 million a year ago. Net income was PKR 315.99 million compared to net loss of PKR 53.25 million a year ago. Basic earnings per share from continuing operations was PKR 1.32 compared to basic loss per share from continuing operations of PKR 0.22 a year ago.