Pakistan Cables 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 5,242.85 million compared to PKR 5,775.65 million a year ago. Net income was PKR 218.93 million compared to PKR 271.89 million a year ago. Basic earnings per share from continuing operations was PKR 4.4215 compared to PKR 5.4959 a year ago.
For the nine months, sales was PKR 16,055.06 million compared to PKR 15,337.51 million a year ago. Net income was PKR 520.8 million compared to PKR 724.72 million a year ago. Basic earnings per share from continuing operations was PKR 10.5207 compared to PKR 14.6364 a year ago.