Al-Abid Silk Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported net loss was PKR 66.5 million compared to PKR 46.06 million a year ago. Basic loss per share from continuing operations was PKR 4.96 compared to PKR 3.44 a year ago.
For the nine months, net loss was PKR 147.67 million compared to PKR 93.52 million a year ago. Basic loss per share from continuing operations was PKR 11.01 compared to PKR 6.97 a year ago.