Safko Spinning Mills Limited reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was BDT 23.46 million compared to BDT 134.36 million a year ago. Net loss was BDT 146.83 million compared to BDT 4.79 million a year ago.

Basic loss per share from continuing operations was BDT 4.9 compared to BDT 0.16 a year ago.