Sapphire Fibres 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 13,300.22 million compared to PKR 14,982.69 million a year ago. Net income was PKR 493.36 million compared to PKR 2,274.33 million a year ago. Basic earnings per share from continuing operations was PKR 23.87 compared to PKR 110.02 a year ago.
For the nine months, sales was PKR 47,608.61 million compared to PKR 44,454.35 million a year ago. Net income was PKR 1,898.99 million compared to PKR 5,037.32 million a year ago. Basic earnings per share from continuing operations was PKR 91.86 compared to PKR 243.68 a year ago.