Mahmood 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 16,472.3 million compared to PKR 11,498.65 million a year ago. Net income was PKR 67.52 million compared to net loss of PKR 191.07 million a year ago. Basic earnings per share from continuing operations was PKR 2.25 compared to basic loss per share from continuing operations of PKR 6.37 a year ago.
For the six months, sales was PKR 33,978.86 million compared to PKR 23,710.32 million a year ago. Net income was PKR 258.68 million compared to PKR 110.2 million a year ago. Basic earnings per share from continuing operations was PKR 8.62 compared to PKR 3.67 a year ago.