Sapphire Textile Mills Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 20,307.86 million compared to PKR 20,537.34 million a year ago. Net income was PKR 261.62 million compared to PKR 2,504.42 million a year ago. Basic earnings per share from continuing operations was PKR 12.06 compared to PKR 115.47 a year ago.
For the six months, sales was PKR 48,526.42 million compared to PKR 40,329.68 million a year ago. Net income was PKR 2,468.45 million compared to PKR 5,984.17 million a year ago. Basic earnings per share from continuing operations was PKR 113.81 compared to PKR 275.9 a year ago.