Arif Habib Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported negative revenue was PKR 83.64 million compared to revenue of PKR 176.06 million a year ago. Net loss was PKR 379.36 million compared to net income of PKR 22.7 million a year ago. Basic loss per share from continuing operations was PKR 5.82 compared to basic earnings per share from continuing operations of PKR 0.34 a year ago. Basic loss per share was PKR 5.81 compared to basic earnings per share of PKR 0.35 a year ago.
For the nine months, revenue was PKR 613.37 million compared to PKR 1,376.76 million a year ago. Net loss was PKR 402.64 million compared to net income of PKR 787.18 million a year ago. Basic loss per share from continuing operations was PKR 6.18 compared to basic earnings per share from continuing operations of PKR 12.02 a year ago. Basic loss per share was PKR 6.16 compared to basic earnings per share of PKR 12.05 a year ago.