Yousuf Weaving Mills Ltd. Announces Earnings Results for the First Quarter Ended September 30, 2016
Yousuf Weaving Mills Ltd. announced earnings results for the first quarter ended September 30, 2016. For the quarter, the company announced sales of PKR 426,230,783,000 compared to PKR 400,822,562,000 a year ago. Operating loss was PKR 10,443,637,000 compared to PKR 57,978,668,000 a year ago. Loss before taxation was PKR 23,490,164,000 compared to PKR 70,973,486,000 a year ago. Loss for the year from continuing operations was PKR 27,753,525,000 or PKR 0.69 per basic share compared to PKR 69,343,900,000 or PKR 1.73 per basic share a year ago. Loss after taxation was PKR 27,753,525,000 or PKR 0.69 per basic share compared to PKR 74,981,027,000 or PKR 1.87 per basic share a year ago.