Trust Modaraba reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 3.11 million compared to PKR 3.75 million a year ago. Revenue was PKR 12.29 million compared to PKR 6.65 million a year ago. Net income was PKR 2.5 million compared to net loss of PKR 2.57 million a year ago. Basic earnings per share from continuing operations was PKR 0.08 compared to basic loss per share from continuing operations of PKR 0.09 a year ago.
For the nine months, sales was PKR 10.59 million compared to PKR 13.08 million a year ago. Revenue was PKR 48.95 million compared to PKR 25.42 million a year ago. Net income was PKR 16.05 million compared to net loss of PKR 4.38 million a year ago. Basic earnings per share from continuing operations was PKR 0.54 compared to basic loss per share from continuing operations of PKR 0.15 a year ago.