Metropolitan Steel Corporation 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 30.44 million compared to PKR 20.32 million a year ago. Net loss was PKR 0.048 million compared to PKR 5.39 million a year ago. Basic loss per share from continuing operations was PKR 0.0015 compared to PKR 0.17 a year ago.
For the nine months, sales was PKR 81.39 million compared to PKR 46.82 million a year ago. Net income was PKR 3.16 million compared to net loss of PKR 8.52 million a year ago. Basic earnings per share from continuing operations was PKR 0.102 compared to basic loss per share from continuing operations of PKR 0.27 a year ago.