Nagina Cotton 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 3,032.15 million compared to PKR 3,108.37 million a year ago. Net income was PKR 100.66 million compared to PKR 468.84 million a year ago. Basic earnings per share from continuing operations was PKR 5.38 compared to PKR 25.07 a year ago.
For the nine months, sales was PKR 9,146.62 million compared to PKR 8,114.64 million a year ago. Net income was PKR 556.79 million compared to PKR 1,158.14 million a year ago. Basic earnings per share from continuing operations was PKR 29.77 compared to PKR 61.93 a year ago.