Biafo Industries Limited announced earnings results for the third quarter ended March 31, 2019. For the third quarter, the company announced sales was PKR 395.352 million compared to PKR 475.452 million a year ago. Operating income was PKR 135.220 million compared to PKR 219.299 million a year ago. Net income was PKR 99.333 million compared to PKR 160.429 million a year ago. Basic earnings per share was PKR 3.76 compared to PKR 6.08 a year ago. For the nine months, sales was PKR 1,106.470 million compared to PKR 1,326.859 million a year ago. Operating income was PKR 383.268 million compared to PKR 589.983 million a year ago. Net income was PKR 283.828 million compared to PKR 441.034 million a year ago. Basic earnings per share was PKR 10.75 compared to PKR 16.71 a year ago.