First Treet Manufacturing Modaraba reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 922.75 million compared to PKR 706.64 million a year ago. Net income was PKR 20.25 million compared to net loss of PKR 261.06 million a year ago. Basic earnings per share was PKR 0.02 compared to basic loss per share of PKR 0.3 a year ago.
For the nine months, sales was PKR 2,852.73 million compared to PKR 2,042.55 million a year ago. Net loss was PKR 179 million compared to PKR 326.4 million a year ago. Basic loss per share was PKR 0.2 compared to PKR 0.37 a year ago.