Faisal Spinning 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 11,095.05 million compared to PKR 8,501.91 million a year ago. Net income was PKR 554.72 million compared to PKR 1,044.91 million a year ago. Basic earnings per share from continuing operations was PKR 55.47 compared to PKR 104.49 a year ago.
For the nine months, sales was PKR 26,901.7 million compared to PKR 22,320.63 million a year ago. Net income was PKR 1,347.52 million compared to PKR 3,164.51 million a year ago. Basic earnings per share from continuing operations was PKR 134.75 compared to PKR 316.45 a year ago.