Asim Textile 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 332.74 million compared to PKR 29.65 million a year ago. Net loss was PKR 16.65 million compared to PKR 16.39 million a year ago. Basic loss per share from continuing operations was PKR 1.1 compared to PKR 1.08 a year ago.
For the six months, sales was PKR 633.29 million compared to PKR 314.57 million a year ago. Net loss was PKR 54.41 million compared to PKR 10.4 million a year ago. Basic loss per share from continuing operations was PKR 3.58 compared to PKR 0.69 a year ago.