Fazal Cloth Mills Limited reported earnings results for the first quarter ended September 30, 2022. For the first quarter, the company reported sales was PKR 18,468.51 million compared to PKR 13,519.74 million a year ago. Net income was PKR 525.57 million compared to PKR 1,557.08 million a year ago.

Basic earnings per share from continuing operations was PKR 17.52 compared to PKR 51.9 a year ago.