Masood Textile 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 39,094.25 million compared to PKR 25,768.42 million a year ago. Net income was PKR 1,577.8 million compared to PKR 13.31 million a year ago. Basic earnings per share from continuing operations was PKR 23.04 compared to basic loss per share from continuing operations of PKR 0.12 a year ago. Diluted earnings per share from continuing operations was PKR 20.77 compared to diluted loss per share from continuing operations of PKR 0.11 a year ago.
For the nine months, sales was PKR 13,929.18 million compared to PKR 10,730.39 million a year ago. Net income was PKR 519.27 million compared to PKR 139.65 million a year ago. Basic earnings per share from continuing operations was PKR 7.56 compared to PKR 1.97 a year ago. Diluted earnings per share from continuing operations was PKR 6.78 compared to PKR 1.8 a year ago.