Ibrahim Fibres Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PKR 30,750.55 million compared to PKR 27,175.12 million a year ago. Net income was PKR 58.48 million compared to PKR 643.78 million a year ago. Basic earnings per share from continuing operations was PKR 0.19 compared to PKR 2.07 a year ago.
For the nine months, sales was PKR 90,862.91 million compared to PKR 91,296.61 million a year ago. Net income was PKR 1,819.72 million compared to PKR 6,446.98 million a year ago. Basic earnings per share from continuing operations was PKR 5.86 compared to PKR 20.76 a year ago.