Sunrays Textile Mills 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 3,046.04 million compared to PKR 2,496.34 million a year ago. Net income was PKR 116.64 million compared to PKR 492.37 million a year ago. Basic earnings per share from continuing operations was PKR 5.63 compared to PKR 23.79 a year ago.
For the nine months, sales was PKR 7,630.5 million compared to PKR 7,316.78 million a year ago. Net income was PKR 305.94 million compared to PKR 1,465 million a year ago. Basic earnings per share from continuing operations was PKR 14.78 compared to PKR 70.77 a year ago.