Ashfaq Textile Mills Limited reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was PKR 128.61 million compared to PKR 124.96 million a year ago. Net income was PKR 8.19 million compared to net loss of PKR 1.66 million a year ago. Basic earnings per share from continuing operations was PKR 0.1709 compared to basic loss per share from continuing operations of PKR 0.0327 a year ago.
For the six months, sales was PKR 253.01 million compared to PKR 195.81 million a year ago. Net income was PKR 11.12 million compared to PKR 0.38196 million a year ago. Basic earnings per share from continuing operations was PKR 0.2318 compared to PKR 0.0073 a year ago.