Sapphire Textile Mills 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 27,154.08 million compared to PKR 21,629.03 million a year ago. Net income was PKR 1,947.01 million compared to PKR 2,232.05 million a year ago. Basic earnings per share from continuing operations was PKR 89.77 compared to PKR 102.91 a year ago.
For the nine months, sales was PKR 75,680.5 million compared to PKR 61,958.71 million a year ago. Net income was PKR 4,415.47 million compared to PKR 8,216.22 million a year ago. Basic earnings per share from continuing operations was PKR 203.57 compared to PKR 378.81 a year ago.