Reliance Cotton 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 2,560.81 million compared to PKR 1,668.39 million a year ago. Net income was PKR 705.57 million compared to PKR 191.76 million a year ago. Basic earnings per share from continuing operations was PKR 75.03 compared to PKR 18.63 a year ago.
For the six months, sales was PKR 5,111.49 million compared to PKR 3,484.79 million a year ago. Net income was PKR 1,417.64 million compared to PKR 336.36 million a year ago. Basic earnings per share from continuing operations was PKR 137.74 compared to PKR 32.68 a year ago.