Towellers 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 2,311.96 million compared to PKR 1,192.08 million a year ago. Net income was PKR 272.17 million compared to PKR 126.22 million a year ago. Basic earnings per share from continuing operations was PKR 16.01 compared to PKR 7.42 a year ago.
For the nine months, sales was PKR 7,887.86 million compared to PKR 4,147.61 million a year ago. Net income was PKR 868.92 million compared to PKR 550.74 million a year ago. Basic earnings per share from continuing operations was PKR 51.11 compared to PKR 32.4 a year ago.