Tariq Corporation Limited reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was PKR 1,318.97 million compared to PKR 1,175.44 million a year ago. Revenue was PKR 1,115.98 million compared to PKR 1,026.41 million a year ago. Net income was PKR 242.43 million compared to net loss of PKR 76.87 million a year ago. Basic earnings per share from continuing operations was PKR 4.58 compared to basic loss per share from continuing operations of PKR 1.45 a year ago. Diluted earnings per share from continuing operations was PKR 4.07.
For the nine months, sales was PKR 5,963.47 million compared to PKR 6,177.24 million a year ago. Revenue was PKR 5,217.99 million compared to PKR 5,382.41 million a year ago. Net income was PKR 250.74 million compared to PKR 43.47 million a year ago. Basic earnings per share from continuing operations was PKR 4.73 compared to PKR 0.81 a year ago. Diluted earnings per share from continuing operations was PKR 4.29 compared to PKR 0.79 a year ago.