Al-Abid Silk Mills Limited reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported net loss was PKR 28.6 million compared to PKR 37.65 million a year ago. Basic loss per share from continuing operations was PKR 2.13 compared to PKR 2.81 a year ago.
For the six months, net loss was PKR 47.45 million compared to net income of PKR 662.68 million a year ago. Basic loss per share from continuing operations was PKR 3.54 compared to basic earnings per share from continuing operations of PKR 49.42 a year ago.