Saritow Spinning Mills 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 1,329.32 million compared to PKR 921.65 million a year ago. Net income was PKR 53.31 million compared to PKR 79.24 million a year ago. Basic earnings per share from continuing operations was PKR 1.79 compared to PKR 2.66 a year ago.
For the nine months, sales was PKR 3,451.98 million compared to PKR 2,679.61 million a year ago. Net income was PKR 106.16 million compared to PKR 137.81 million a year ago. Basic earnings per share from continuing operations was PKR 3.56 compared to PKR 4.62 a year ago.