Salfi Textile Mills Limited Reports Earnings Results for Second Quarter and Half Year Ended December 31, 2017
Salfi Textile Mills Limited reported earnings results for second quarter and half year ended December 31, 2017. For the quarter, the company’s sales were PKR 1,380,856,000 against PKR 1,368,752,000 a year ago. Profit before taxation was PKR 27,145,000 against PKR 14,742,000 a year ago. Profit for the period was PKR 11,501,000 against PKR 760,000 a year ago. Earnings per share - Basic and diluted was PKR 3.44 against PKR 0.23 a year ago.
For the half year, the company’s sales were PKR 2,927,468,000 against PKR 2,577,273,000 a year ago. Profit before taxation was PKR 49,251,000 against loss of PKR 7,708,000 a year ago. Profit for the period was PKR 15,950,000 against loss of PKR 34,093,000 a year ago. Earnings per share - Basic and diluted was PKR 4.77 against loss of PKR 10.20 a year ago.