Ashfaq Textile Mills Limited reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was PKR 129.18 million compared to PKR 124.65 million a year ago. Net income was PKR 17.99 million compared to PKR 3.25 million a year ago. Basic earnings per share from continuing operations was PKR 0.3909 compared to PKR 0.0661 a year ago.
For the nine months, sales was PKR 382.18 million compared to PKR 320.46 million a year ago. Net income was PKR 29.12 million compared to PKR 3.63 million a year ago. Basic earnings per share from continuing operations was PKR 0.6273 compared to PKR 0.0744 a year ago.