Allawasaya Textile & Finishing Mills Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 1,457.97 million compared to PKR 833.67 million a year ago. Net income was PKR 43.77 million compared to net loss of PKR 58.09 million a year ago. Basic earnings per share from continuing operations was PKR 54.72 compared to basic loss per share from continuing operations of PKR 72.61 a year ago.
For the six months, sales was PKR 3,127.97 million compared to PKR 1,764.29 million a year ago. Net income was PKR 28.94 million compared to net loss of PKR 104.43 million a year ago. Basic earnings per share from continuing operations was PKR 36.17 compared to basic loss per share from continuing operations of PKR 130.53 a year ago.