Karam Ceramics Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 386.72 million compared to PKR 174.53 million a year ago. Net loss was PKR 21.99 million compared to PKR 58.82 million a year ago. Basic loss per share from continuing operations was PKR 1.51 compared to PKR 4.04 a year ago.
For the nine months, sales was PKR 620.35 million compared to PKR 694.46 million a year ago. Net loss was PKR 404.9 million compared to PKR 54.54 million a year ago. Basic loss per share from continuing operations was PKR 27.83 compared to PKR 3.75 a year ago.