Shadman Cotton Mills Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2014
For the six months, the company reported sales and services of PKR 678,223,365 compared to PKR 1,801,995,957 a year ago. Loss before taxation was PKR 87,387,011 compared to profit before taxation of PKR 22,946,318 a year ago. Loss for the period was PKR 94,256,288 compared to net profit for the period of PKR 3,951,801 a year ago. Basic and diluted loss per share was PKR 5.34 compared to basic and diluted loss per share of PKR 0.22 a year ago.