Asahi Songwon Colors Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,021.53 million compared to INR 938.67 million a year ago. Revenue was INR 1,026.46 million compared to INR 942.27 million a year ago. Net loss was INR 10.24 million compared to INR 73.6 million a year ago. Basic loss per share from continuing operations was INR 0.87 compared to INR 6.24 a year ago. Diluted loss per share from continuing operations was INR 0.87 compared to INR 6.24 a year ago.
For the nine months, sales was INR 3,002.69 million compared to INR 3,807.74 million a year ago. Revenue was INR 3,021.71 million compared to INR 3,850.28 million a year ago. Net income was INR 178.86 million compared to net loss of INR 14.13 million a year ago. Basic earnings per share from continuing operations was INR 15.17 compared to basic loss per share from continuing operations of INR 9.83 a year ago. Diluted earnings per share from continuing operations was INR 15.17 compared to diluted loss per share from continuing operations of INR 9.83 a year ago.