Treet Battery Limited Announces Q3 2024 Financial Results with No Dividends or Bonus Shares

Lahore, Treet Battery Limited, in a board meeting on April 23, 2024, disclosed its financial outcomes for the third quarter ended March 31, 2024. The board announced no cash dividends, bonus shares, right shares, or other entitlements or corporate actions.

The company reported net sales of 2,383,924 thousand rupees for the three months ending in March 2024, compared to 6,004,594 thousand rupees over the nine months, indicating a considerable volume of business conducted. Cost of revenue for the quarter stood at 1,932,137 thousand rupees. The gross profit for the nine months was 1,193,711 thousand rupees, reflecting robust profitability.

Operating expenses included administrative and distribution costs, while financial expenses and contributions to the Workers' Profit Participation Fund and Workers' Welfare Fund were also accounted for. Despite these expenses, Treet Battery Limited achieved a net profit of 255,945 thousand rupees for the quarter, culminating in earnings of 0.00 per share, showing stability in its financial performance.

Further details on the company’s quarterly performance will be made available through the PUCARS system in due course, as per regulatory requirements.