Dewan Farooque Motors Limited reported earnings results for the third quarter and nine months ended March 31, 2024. For the third quarter, the company reported sales was PKR 0.05 million compared to PKR 0.11 million a year ago. Revenue was PKR 0.043 million compared to PKR 0.094 million a year ago. Net loss was PKR 100.81 million compared to PKR 49.71 million a year ago. Basic loss per share from continuing operations was PKR 0.73 compared to PKR 0.36 a year ago. Diluted loss per share from continuing operations was PKR 0.73 compared to PKR 0.36 a year ago.
For the nine months, sales was PKR 0.08 million compared to PKR 0.165 million a year ago. Revenue was PKR 0.068 million compared to PKR 0.141 million a year ago. Net loss was PKR 241.06 million compared to PKR 235.04 million a year ago. Basic loss per share from continuing operations was PKR 1.74 compared to PKR 1.69 a year ago. Diluted loss per share from continuing operations was PKR 1.74 compared to PKR 1.69 a year ago.