Pakistan Cables Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 6,667.4 million compared to PKR 5,242.85 million a year ago. Net income was PKR 36.73 million compared to PKR 218.93 million a year ago. Basic earnings per share from continuing operations was PKR 0.74 compared to PKR 4.42 a year ago. Diluted earnings per share from continuing operations was PKR 0.74 compared to PKR 4.42 a year ago.
For the nine months, sales was PKR 19,556.91 million compared to PKR 16,055.06 million a year ago. Net income was PKR 254.7 million compared to PKR 520.8 million a year ago. Basic earnings per share from continuing operations was PKR 5.14 compared to PKR 10.52 a year ago. Diluted earnings per share from continuing operations was PKR 5.14 compared to PKR 10.52 a year ago.