Premium 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 6,379.4 million compared to PKR 4,726.95 million a year ago. Net loss was PKR 207.44 million compared to PKR 473.96 million a year ago. Basic loss per share from continuing operations was PKR 33.66 compared to PKR 76.9 a year ago.
For the six months, sales was PKR 13,132.58 million compared to PKR 10,491.08 million a year ago. Net loss was PKR 183.05 million compared to net income of PKR 846.19 million a year ago. Basic loss per share from continuing operations was PKR 29.7 compared to basic earnings per share from continuing operations of PKR 137.3 a year ago.