Gul Ahmed 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 37,747.77 million compared to PKR 26,189.31 million a year ago. Net income was PKR 1,125.18 million compared to PKR 2,443.96 million a year ago. Basic earnings per share from continuing operations was PKR 1.5167 compared to PKR 3.3 a year ago.
For the nine months, sales was PKR 99,861.32 million compared to PKR 82,953.85 million a year ago. Net income was PKR 3,303.82 million compared to PKR 6,174.8 million a year ago. Basic earnings per share from continuing operations was PKR 4.4667 compared to PKR 8.3417 a year ago.