Dewan Farooque Spinning Mills Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 177.63 million compared to PKR 184.96 million a year ago. Net loss was PKR 64.91 million compared to PKR 28.11 million a year ago. Basic loss per share from continuing operations was PKR 0.66 compared to PKR 0.29 a year ago.
For the six months, sales was PKR 331.24 million compared to PKR 334.49 million a year ago. Net loss was PKR 153.56 million compared to PKR 84.01 million a year ago. Basic loss per share from continuing operations was PKR 1.57 compared to PKR 0.86 a year ago.