Flying Cement Company 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 1,461.17 million compared to PKR 1,847.16 million a year ago. Revenue was PKR 1,116.64 million compared to PKR 1,356.07 million a year ago. Net income was PKR 87.86 million compared to PKR 302.19 million a year ago. Basic earnings per share from continuing operations was PKR 0.13 compared to PKR 0.77 a year ago.
For the nine months, sales was PKR 4,213.75 million compared to PKR 5,369.83 million a year ago. Revenue was PKR 3,185.17 million compared to PKR 3,975.95 million a year ago. Net income was PKR 226.71 million compared to PKR 766.2 million a year ago. Basic earnings per share from continuing operations was PKR 0.33 compared to PKR 1.94 a year ago.