Biafo Industries 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 514.89 million compared to PKR 494.91 million a year ago. Net income was PKR 105.22 million compared to PKR 114.29 million a year ago. Basic earnings per share from continuing operations was PKR 2.27 compared to PKR 2.46 a year ago.
For the nine months, sales was PKR 1,369.07 million compared to PKR 1,228.96 million a year ago. Net income was PKR 257.02 million compared to PKR 247.71 million a year ago. Basic earnings per share from continuing operations was PKR 5.54 compared to PKR 5.34 a year ago.