Crescent Fibres 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 1,646.06 million compared to PKR 1,691.78 million a year ago. Net loss was PKR 293.16 million compared to PKR 147.88 million a year ago. Basic loss per share from continuing operations was PKR 23.61 compared to PKR 11.91 a year ago.
For the nine months, sales was PKR 5,633.01 million compared to PKR 5,247.85 million a year ago. Net loss was PKR 400.38 million compared to PKR 141.03 million a year ago. Basic loss per share from continuing operations was PKR 32.24 compared to PKR 11.36 a year ago.