Karam Ceramics 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 174.53 million compared to PKR 350.05 million a year ago. Net loss was PKR 58.82 million compared to net income of PKR 12.74 million a year ago. Basic loss per share from continuing operations was PKR 4.04 compared to basic earnings per share from continuing operations of PKR 0.88 a year ago.
For the nine months, sales was PKR 694.46 million compared to PKR 862.57 million a year ago. Net loss was PKR 54.54 million compared to net income of PKR 2.65 million a year ago. Basic loss per share from continuing operations was PKR 3.75 compared to basic earnings per share from continuing operations of PKR 0.18 a year ago.