The Crescent 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 5,074.26 million compared to PKR 4,914.44 million a year ago. Net income was PKR 204.86 million compared to PKR 266.23 million a year ago. Basic earnings per share from continuing operations was PKR 2.05 compared to PKR 2.66 a year ago.
For the nine months, sales was PKR 14,182.31 million compared to PKR 14,405.32 million a year ago. Net income was PKR 507.06 million compared to PKR 770.13 million a year ago. Basic earnings per share from continuing operations was PKR 5.07 compared to PKR 7.83 a year ago.