Al-Abid Silk Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported net loss was PKR 46.06 million compared to PKR 18.39 million a year ago. Basic loss per share from continuing operations was PKR 3.44 compared to PKR 1.37 a year ago.
For the nine months, net loss was PKR 93.52 million compared to net income of PKR 644.29 million a year ago. Basic loss per share from continuing operations was PKR 6.97 compared to basic earnings per share from continuing operations of PKR 48.05 a year ago.