Shahzad 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 2,258.62 million compared to PKR 1,638.22 million a year ago. Net loss was PKR 91.96 million compared to PKR 82.57 million a year ago. Basic loss per share from continuing operations was PKR 5.12 compared to PKR 4.59 a year ago.
For the six months, sales was PKR 4,942.85 million compared to PKR 3,696.91 million a year ago. Net loss was PKR 90.05 million compared to PKR 76.6 million a year ago. Basic loss per share from continuing operations was PKR 5.01 compared to PKR 4.26 a year ago.