Elahi Cotton 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 200.51 million compared to PKR 183.89 million a year ago. Net loss was PKR 0.850773 million compared to net income of PKR 1.87 million a year ago. Basic loss per share from continuing operations was PKR 0.65 compared to basic earnings per share from continuing operations of PKR 1.44 a year ago.
For the six months, sales was PKR 363.09 million compared to PKR 343.99 million a year ago. Net loss was PKR 7.68 million compared to net income of PKR 3.33 million a year ago. Basic loss per share from continuing operations was PKR 5.9 compared to basic earnings per share from continuing operations of PKR 2.56 a year ago.