Crescent Cotton Mills Limited announced consolidated and unconsolidated earnings results for the second quarter and half year ended December 31, 2017. For the half year, on consolidated basis, the company reported sales of PKR 2,681,074,000 compared to PKR 2,079,323,000 reported a year ago. Profit from operations was PKR 51,410,000 compared to loss of PKR 36,318,000 a year ago. Profit before taxation was PKR 23,572,000 compared to loss of PKR 46,805,000 a year ago. Profit after taxation was PKR 8,227,000 or PKR 0.36 per basic and diluted share compared to loss of PKR 66,439,000 or PKR 2.93 per basic and diluted share a year ago. For the quarter, on consolidated basis, the company reported sales of PKR 1,476,088,000 compared to PKR 983,725,000 reported a year ago. Profit from operations was PKR 59,656,000 compared to loss of PKR 14,257,000 a year ago. Profit before taxation was PKR 43,435,000 compared to loss of PKR 19,651,000 a year ago. Profit after taxation was PKR 43,834,000 or PKR 1.93 per basic and diluted share compared to loss of PKR 27,597,000 or PKR 1.22 per basic and diluted share a year ago. For the half year, on unconsolidated basis, the company reported sales of PKR 2,681,074,000 compared to PKR 2,079,323,000 reported a year ago. Profit before taxation was PKR 36,519,000 compared to loss of PKR 43,350,000 a year ago. Loss after taxation was PKR 21,674,000 or PKR 0.96 basic and diluted earnings per share compared PKR 62,451,000 or PKR 2.76 basic and diluted loss per share a year ago. For the quarter, on unconsolidated basis, the company reported sales of PKR 1,476,088,000 compared to PKR 981,496,000 reported a year ago. Loss before taxation was PKR 10,567,000 compared to PKR 19,388,000 a year ago. Loss after taxation was PKR 9,668,000 or PKR 0.43 per basic and diluted share compared to PKR 26,970,000 or PKR 1.19 per basic and diluted share a year ago.