Kohinoor Spinning Mills Limited Reports Unaudited Earnings Results for the Half Year Ended and Second Quarter Ended December 31, 2018
Kohinoor Spinning Mills Limited reported unaudited earnings results for the second quarter and half year ended December 31, 2018. For the half year, the company reported sales-net of PKR 2,065,104,158 compared to PKR 1,387,982,981 a year ago. Operating loss was PKR 110,663,376 compared to PKR 79,462,020 a year ago. Basic loss per share PKR 1.04 per share compared to PKR 0.80 per share a year ago. Loss after taxation was PKR 224,165,613 compared to PKR 172,540,827 a year ago.
For second quarter, the company reported sales-net of PKR 1,055,262,974 compared to PKR 659,258,257 a year ago. Operating loss was PKR 109,723,340 compared to PKR 72,469,639 a year ago. Basic loss per share PKR 0.77 per share compared to PKR 0.56 per share a year ago. Loss after taxation was PKR 165,281,591 compared to PKR 119,847,133 a year ago.