Aruj Industries 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 165.4 million compared to PKR 381.67 million a year ago. Net loss was PKR 21.52 million compared to net income of PKR 2.81 million a year ago. Basic loss per share from continuing operations was PKR 2.06 compared to basic earnings per share from continuing operations of PKR 0.27 a year ago.
For the nine months, sales was PKR 673.68 million compared to PKR 980.61 million a year ago. Net loss was PKR 68.19 million compared to net income of PKR 8.62 million a year ago. Basic loss per share from continuing operations was PKR 6.52 compared to basic earnings per share from continuing operations of PKR 0.82 a year ago.