Reliance Weaving 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 11,558.12 million compared to PKR 8,497.33 million a year ago. Net income was PKR 2.79 million compared to net loss of PKR 165.5 million a year ago. Basic earnings per share from continuing operations was PKR 0.09 compared to basic loss per share from continuing operations of PKR 5.37 a year ago.
For the nine months, sales was PKR 31,723.99 million compared to PKR 24,156.24 million a year ago. Net income was PKR 39.03 million compared to PKR 36.49 million a year ago. Basic earnings per share from continuing operations was PKR 1.27 compared to PKR 1.18 a year ago.