Ghani Automobile Industries Limited Announces Earnings Results for the Third Quarter and Nine Months Ended March 31, 2016
For the nine months, the company reported net sales of PKR 13.7 million compared to PKR 35.7 million reported in the same period last year. Operating loss was PKR 17.65 million against PKR 5 million reported last year. Loss before taxation was PKR 8.2 million against PKR 2.2 million reported last year. Loss after taxation was PKR 8.1 million against PKR 2.2 million reported last year. Loss per basic share was PKR 0.16 against PKR 0.04 for the same period in the last year.