Premium Textile Mills 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 6,722.65 million compared to PKR 5,992.59 million a year ago. Net loss was PKR 216.14 million compared to net income of PKR 171.65 million a year ago. Basic loss per share from continuing operations was PKR 35.07 compared to basic earnings per share from continuing operations of PKR 27.85 a year ago.
For the nine months, sales was PKR 19,855.23 million compared to PKR 16,483.67 million a year ago. Net loss was PKR 399.19 million compared to net income of PKR 980.18 million a year ago. Basic loss per share from continuing operations was PKR 64.77 compared to basic earnings per share from continuing operations of PKR 159.04 a year ago.