Merit Packaging 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 1,686.78 million compared to PKR 1,180.18 million a year ago. Net loss was PKR 28.54 million compared to PKR 19.8 million a year ago. Basic loss per share from continuing operations was PKR 0.14 compared to PKR 0.1 a year ago.
For the nine months, sales was PKR 4,705.71 million compared to PKR 3,102.91 million a year ago. Net loss was PKR 91.61 million compared to PKR 114.42 million a year ago. Basic loss per share from continuing operations was PKR 0.46 compared to PKR 0.87 a year ago.