Yousuf Weaving Mills Ltd. Reports Earnings Results for the Year Ended June 30, 2016
Yousuf Weaving Mills Ltd. reported earnings results for the year ended June 30, 2016. For the year, the company reported sales of PKR 1,309,076,214 compared to PKR 1,708,643,518 a year ago. Operating loss was PKR 176,091,858 compared to PKR 281,284,131 a year ago. Loss before taxation was PKR 407,148,186 compared to PKR 344,860,542 a year ago. Loss for the year from continuing operations was PKR 225,037,663 or PKR 5.63 per basic share compared to PKR 326,263,139 or PKR 8.16 per basic share a year ago. Loss for the year was PKR 409,865,204 or PKR 10.25 per basic share compared to PKR 347,539,729 or PKR 8.69 per basic share a year ago.