Ideal Spinning Mills Limited reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was PKR 1,462.23 million compared to PKR 1,149.43 million a year ago. Net income was PKR 108.25 million compared to PKR 22.73 million a year ago. Basic earnings per share from continuing operations was PKR 10.91 compared to PKR 2.29 a year ago.
For the six months, sales was PKR 2,902.11 million compared to PKR 2,276.04 million a year ago. Net income was PKR 223.91 million compared to PKR 66.41 million a year ago. Basic earnings per share from continuing operations was PKR 22.57 compared to PKR 6.69 a year ago.