Khurshid Spinning Mills Limited announced earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company reported loss from operations of PKR 3,677,000 compared with PKR 1,481,000 for the same period a year ago. Loss before tax was PKR 7,470,000 compared with PKR 6,265,000 for the same period a year ago. Loss after tax was PKR 5,762,000 or PKR 0.44 per basic and diluted share compared with PKR 3,837,000 or PKR 0.29 per basic and diluted share for the same period a year ago.

For the six months, the company reported loss from operations of PKR 9,343,000 compared with PKR 1,580,000 for the same period a year ago. Loss before tax was PKR 17,565,000 compared with PKR 11,245,000 for the same period a year ago. Loss after tax was PKR 14,148,000 or PKR 1.07 per basic and diluted share compared with PKR 6,390,000 or PKR 0.49 per basic and diluted share for the same period a year ago.