Khurshid Spinning Mills announced earnings results for the year ended June 30, 2016. For the year, the company reported other income of PKR 29,988,000 against PKR 24,692,000 a year ago. Loss before taxation was PKR 23,999,000 against PKR 36,144,000 a year ago. Loss after taxation was PKR 20,621,000 or PKR 1.57 per basic and diluted share against loss after taxation of PKR 29,517,000 or PKR 2.24 per basic and diluted share a year ago.