Agritech Limited Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 30, 2019 at 07:06 am EDT
Agritech Limited announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was PKR 3,209.625 million compared to PKR 310.155 million a year ago. Operating income was PKR 159.057 million compared to operating loss of PKR 318.966 million a year ago. Net loss was PKR 825.955 million compared to PKR 1,050.692 million a year ago. Basic loss per share was PKR 2.1 compared to PKR 2.68 a year ago. For the nine months, sales was PKR 8,008.654 million compared to PKR 820.782 million a year ago. Operating income was PKR 512.254 million compared to operating loss of PKR 1,472.555 million a year ago. Net loss was PKR 2,090.057 million compared to PKR 2,999.078 million a year ago. Basic loss per share was PKR 5.33 compared to PKR 7.64 a year ago.