Yousuf Weaving Mills Ltd. announced unaudited earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported net sales of PKR 399,000,341 against PKR 703,841,641 a year ago. Operating profit was PKR 8,868,338 against PKR 30,818,843 a year ago.

Loss before taxation was PKR 15,352,186 against profit before taxation of PKR 9,429,599 a year ago. Loss after taxation was PKR 19,400,161 or PKR 0.49 per basic share against profit after taxation of PKR 2,314,840 or PKR 0.06 per basic share a year ago. Loss for the period from continued operations was PKR 10,717,175 or PKR 0.27 per share against profit for the period from continued operations of PKR 7,506,246 or PKR 0.13 per share a year ago.