Mitchell's Fruit Farms 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 690.53 million compared to PKR 799.9 million a year ago. Net loss was PKR 62.51 million compared to net income of PKR 20.09 million a year ago. Basic loss per share from continuing operations was PKR 2.73 compared to basic earnings per share from continuing operations of PKR 0.88 a year ago. Diluted loss per share from continuing operations was PKR 2.73 compared to diluted earnings per share from continuing operations of PKR 0.88 a year ago.
For the nine months, sales was PKR 1,959.3 million compared to PKR 1,985.17 million a year ago. Net loss was PKR 193.08 million compared to net income of PKR 18.27 million a year ago. Basic loss per share from continuing operations was PKR 8.44 compared to basic earnings per share from continuing operations of PKR 0.8 a year ago. Diluted loss per share from continuing operations was PKR 8.44 compared to diluted earnings per share from continuing operations of PKR 0.8 a year ago.