Millat Tractors 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 17,386.43 million compared to PKR 14,602.95 million a year ago. Net income was PKR 1,453.77 million compared to PKR 1,620.94 million a year ago. Basic earnings per share from continuing operations was PKR 8.34 compared to PKR 9.1733 a year ago.
For the nine months, sales was PKR 31,907.83 million compared to PKR 39,633.66 million a year ago. Net income was PKR 2,112.74 million compared to PKR 4,516.44 million a year ago. Basic earnings per share from continuing operations was PKR 11.8533 compared to PKR 25.5267 a year ago.