Shahzad Textile Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 3,120.92 million compared to PKR 2,284.44 million a year ago. Net loss was PKR 14.46 million compared to PKR 68.72 million a year ago. Basic loss per share from continuing operations was PKR 0.81 compared to PKR 3.83 a year ago.
For the nine months, sales was PKR 8,063.78 million compared to PKR 5,981.34 million a year ago. Net loss was PKR 104.52 million compared to PKR 145.32 million a year ago. Basic loss per share from continuing operations was PKR 5.82 compared to PKR 8.09 a year ago.