Reliance Cotton Spinning Mills 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 2,849.84 million compared to PKR 1,931.91 million a year ago. Net income was PKR 868.12 million compared to PKR 405.16 million a year ago. Basic earnings per share from continuing operations was PKR 84.35 compared to PKR 39.37 a year ago.
For the nine months, sales was PKR 7,961.34 million compared to PKR 5,416.7 million a year ago. Net income was PKR 2,285.75 million compared to PKR 713.02 million a year ago. Basic earnings per share from continuing operations was PKR 222.09 compared to PKR 69.28 a year ago.