Faisalabad, Arctic Textile Mills Limited has announced its financial results for the third quarter ending March 31, 2024, following a board meeting at its registered office in Regency the Mall, Faisalabad.
According to the financial statements approved by the Board of Directors and recommended by the Audit Committee, the company reported a revenue of Rs. 433,228,000 for the quarter, up from Rs. 348,456,000 in the same period last year. The profit after taxation was Rs. 30,643,000, compared to Rs. 26,376,000 for the third quarter of 2023. Earnings per share for the quarter stood at Rs. 2.33, showing an improvement from Rs. 2.00 in the previous year.
The board also confirmed that there would be no cash dividends, bonus shares, or rights shares issued for the quarter. These financial results, along with the complete condensed interim financial statements, will be available through PUCARS and on the company’s website shortly.