K-Electric 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 102,520.01 million compared to PKR 94,283.67 million a year ago. Revenue was PKR 102,520.01 million compared to PKR 94,283.67 million a year ago. Net loss was PKR 12,378.54 million compared to PKR 1,827.49 million a year ago. Basic loss per share from continuing operations was PKR 0.45 compared to PKR 0.07 a year ago.
For the nine months, sales was PKR 368,235.16 million compared to PKR 311,752.65 million a year ago. Revenue was PKR 368,235.16 million compared to PKR 311,752.65 million a year ago. Net loss was PKR 39,459.7 million compared to net income of PKR 1,452.49 million a year ago. Basic loss per share from continuing operations was PKR 1.43 compared to basic earnings per share from continuing operations of PKR 0.05 a year ago.