Towellers 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 1,884.75 million compared to PKR 2,311.96 million a year ago. Net income was PKR 412.36 million compared to PKR 272.17 million a year ago. Basic earnings per share from continuing operations was PKR 24.26 compared to PKR 16.01 a year ago.
For the nine months, sales was PKR 7,546.04 million compared to PKR 7,887.86 million a year ago. Net income was PKR 1,552.48 million compared to PKR 868.92 million a year ago. Basic earnings per share from continuing operations was PKR 91.32 compared to PKR 51.11 a year ago.