Gul Ahmed 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 41,229.28 million compared to PKR 30,410.54 million a year ago. Net income was PKR 546.63 million compared to PKR 830.78 million a year ago. Basic earnings per share from continuing operations was PKR 0.74 compared to PKR 1.12 a year ago.
For the six months, sales was PKR 83,735.22 million compared to PKR 62,113.55 million a year ago. Net income was PKR 1,090.74 million compared to PKR 2,178.64 million a year ago. Basic earnings per share from continuing operations was PKR 1.47 compared to PKR 2.94 a year ago.