Sapphire 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 28,070.49 million compared to PKR 20,307.86 million a year ago. Net income was PKR 3,690.65 million compared to PKR 261.62 million a year ago. Basic earnings per share from continuing operations was PKR 170.16 compared to PKR 12.06 a year ago.
For the six months, sales was PKR 65,501.56 million compared to PKR 48,526.42 million a year ago. Net income was PKR 8,210.19 million compared to PKR 2,468.45 million a year ago. Basic earnings per share from continuing operations was PKR 378.53 compared to PKR 113.81 a year ago.