Shahtaj Textile 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 1,884.29 million compared to PKR 1,927.04 million a year ago. Net income was PKR 15.71 million compared to PKR 96.08 million a year ago. Basic earnings per share from continuing operations was PKR 1.63 compared to PKR 9.95 a year ago.
For the nine months, sales was PKR 6,327.49 million compared to PKR 5,698.77 million a year ago. Net income was PKR 101.05 million compared to PKR 275.85 million a year ago. Basic earnings per share from continuing operations was PKR 10.46 compared to PKR 28.56 a year ago.