Suraj Cotton Mills Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 3,370.89 million compared to PKR 6,137.15 million a year ago. Net loss was PKR 220.15 million compared to net income of PKR 939.4 million a year ago. Basic loss per share from continuing operations was PKR 4.5091 compared to basic earnings per share from continuing operations of PKR 19.2455 a year ago.
For the six months, sales was PKR 8,398.05 million compared to PKR 11,064.75 million a year ago. Net loss was PKR 105.17 million compared to net income of PKR 1,763.46 million a year ago. Basic loss per share from continuing operations was PKR 2.1545 compared to basic earnings per share from continuing operations of PKR 36.1273 a year ago.