Dewan Farooque Spinning Mills Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 160.54 million compared to PKR 177.63 million a year ago. Net loss was PKR 76.16 million compared to PKR 64.91 million a year ago. Basic loss per share from continuing operations was PKR 0.78 compared to PKR 0.66 a year ago.
For the six months, sales was PKR 160.54 million compared to PKR 331.24 million a year ago. Net loss was PKR 139.54 million compared to PKR 153.56 million a year ago. Basic loss per share from continuing operations was PKR 1.43 compared to PKR 1.57 a year ago.