Fazal Cloth Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was PKR 18,907.62 million compared to PKR 12,622.88 million a year ago. Net income was PKR 1,707.68 million compared to PKR 1,259.26 million a year ago. Basic earnings per share from continuing operations was PKR 56.92 compared to PKR 41.98 a year ago.
For the nine months, sales was PKR 47,608.57 million compared to PKR 38,179.07 million a year ago. Net income was PKR 4,846.81 million compared to PKR 3,082.75 million a year ago. Basic earnings per share from continuing operations was PKR 161.56 compared to PKR 102.76 a year ago.