Island Textile Mills Limited announced earnings results for the third quarter and nine months ended March 31, 2017. For the quarter, the company reported sales-net of PKR 1,540,007,000 against PKR 1,256,490,000 a year ago. Profit before taxation was PKR 15,031,000 against loss of PKR 107,445,000 a year ago. Profit for the period was PKR 1,002,000 or PKR 2.02 per basic and diluted share against loss of PKR 102,172,000 or PKR 204.34 per basic and diluted share a year ago. For the nine months, the company reported sales-net of PKR 4,180,978,000 against PKR 2,905,972,000 a year ago. Loss before taxation was PKR 4,594,000 against PKR 296,838,000 a year ago. Loss for the period was PKR 45,017,000 or PKR 90.03 per basic and diluted share against PKR 73,231,000 or PKR 146.46 per basic and diluted share a year ago.