Artistic Denim Mills Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 3,832.19 million compared to PKR 3,529.21 million a year ago. Net income was PKR 220.68 million compared to PKR 63.82 million a year ago. Basic earnings per share from continuing operations was PKR 2.63 compared to PKR 0.76 a year ago.
For the six months, sales was PKR 7,491.89 million compared to PKR 7,960.57 million a year ago. Net income was PKR 465.76 million compared to PKR 242.18 million a year ago. Basic earnings per share from continuing operations was PKR 5.54 compared to PKR 2.88 a year ago.