Fazal Cloth 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 18,023.33 million compared to PKR 15,181.21 million a year ago. Net income was PKR 549.75 million compared to PKR 1,582.05 million a year ago. Basic earnings per share from continuing operations was PKR 18.33 compared to PKR 52.73 a year ago.
For the six months, sales was PKR 36,491.84 million compared to PKR 28,700.95 million a year ago. Net income was PKR 1,075.33 million compared to PKR 3,139.13 million a year ago. Basic earnings per share from continuing operations was PKR 35.84 compared to PKR 104.64 a year ago.