Crescent Cotton 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 3,123.5 million compared to PKR 1,764.21 million a year ago. Net income was PKR 1,592.47 million compared to PKR 93.11 million a year ago. Basic earnings per share from continuing operations was PKR 70.28 compared to PKR 4.11 a year ago.
For the nine months, sales was PKR 4,723.52 million compared to PKR 5,397.24 million a year ago. Net income was PKR 76.13 million compared to PKR 299.36 million a year ago. Basic earnings per share from continuing operations was PKR 3.36 compared to PKR 13.21 a year ago.