Bannu Woollen 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 84.07 million compared to PKR 78.66 million a year ago. Net loss was PKR 37.68 million compared to net income of PKR 12.66 million a year ago. Basic loss per share from continuing operations was PKR 3.96 compared to basic earnings per share from continuing operations of PKR 1.33 a year ago.
For the nine months, sales was PKR 946.31 million compared to PKR 931.9 million a year ago. Net income was PKR 14.23 million compared to PKR 88.49 million a year ago. Basic earnings per share from continuing operations was PKR 1.5 compared to PKR 9.31 a year ago.