Shabbir Tiles and Ceramics Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 4,140.56 million compared to PKR 2,980.5 million a year ago. Net income was PKR 143.06 million compared to PKR 44.8 million a year ago. Basic earnings per share from continuing operations was PKR 0.6 compared to PKR 0.19 a year ago.
For the nine months, sales was PKR 10,497.83 million compared to PKR 8,755.49 million a year ago. Net loss was PKR 53.25 million compared to net income of PKR 465.53 million a year ago. Basic loss per share from continuing operations was PKR 0.22 compared to basic earnings per share from continuing operations of PKR 1.95 a year ago.