Ashfaq Textile Mills Ltd. Reports Earnings Results for the First Quarter Ended September 30, 2016
Ashfaq Textile Mills Ltd. reported earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported sales of PKR 66,346,283 compared to PKR 65,593,347 a year ago. Profit before taxation was PKR 1,258,680 compared to loss before taxation of PKR 2,357,909 a year ago. Profit was PKR 1,258,680 or PKR 0.04 per basic share compared to loss of PKR 2,357,909 or PKR 0.07 per basic share a year ago.