Gatron (Industries) Limited Faces Significant Losses Over Nine Months

Karachi, Gatron (Industries) Limited reported substantial losses in its financial results for the nine months ending March 31, 2024. On an unconsolidated basis, the company faced a pre-tax loss of PKR 490.390 million and a post-tax loss of PKR 1,030.512 million, with a loss per share of PKR 12.55. The consolidated results were slightly less severe but still indicated significant losses, with a pre-tax loss of PKR 256.004 million and a post-tax loss of PKR 796.126 million, resulting in a loss per share of PKR 9.70.