Gadoon 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 16,648.34 million compared to PKR 13,269.8 million a year ago. Net income was PKR 1,015.18 million compared to PKR 1,480.64 million a year ago. Basic earnings per share from continuing operations was PKR 36.22 compared to PKR 52.82 a year ago.
For the nine months, sales was PKR 42,753.94 million compared to PKR 39,773.85 million a year ago. Net income was PKR 2,834.82 million compared to PKR 5,016.6 million a year ago. Basic earnings per share from continuing operations was PKR 101.14 compared to PKR 178.97 a year ago.