Zahidjee Textile Mills 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 8,507.56 million compared to PKR 8,312.51 million a year ago. Net income was PKR 358.53 million compared to PKR 929.21 million a year ago. Basic earnings per share from continuing operations was PKR 1.87 compared to PKR 4.85 a year ago.
For the nine months, sales was PKR 24,802.11 million compared to PKR 19,063.27 million a year ago. Net income was PKR 1,988.85 million compared to PKR 2,698.97 million a year ago. Basic earnings per share from continuing operations was PKR 10.39 compared to PKR 14.1 a year ago.