Hi-Tech Lubricants 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 5,129.09 million compared to PKR 3,817.96 million a year ago. Revenue was PKR 3,815.85 million compared to PKR 2,635.83 million a year ago. Net income was PKR 209.08 million compared to PKR 203.18 million a year ago. Basic earnings per share from continuing operations was PKR 1.5 compared to PKR 1.46 a year ago.
For the nine months, sales was PKR 14,534.51 million compared to PKR 10,679.86 million a year ago. Revenue was PKR 10,881.54 million compared to PKR 7,253.77 million a year ago. Net income was PKR 605.47 million compared to PKR 508.03 million a year ago. Basic earnings per share from continuing operations was PKR 4.35 compared to PKR 3.65 a year ago.