Ideal Spinning Mills Limited announced unaudited earnings results for the first quarter ended September 30, 2018. For the period, the company reported revenue of PKR 828,488,000 compared to PKR 658,021,000 a year ago. Profit before taxation was PKR 21,907,000 compared to loss of PKR 9,694,000 a year ago. Profit after taxation was PKR 13,232,000 compared to loss of PKR 18,201,000 a year ago. Profit per basic and diluted share was PKR 1.33 compared to loss of PKR 1.83 a year ago. Net cash used in operating activities was PKR 32,035,000 compared to generated of PKR 90,181,000 a year ago. Capital expenditure on property, plant and equipment was PKR 11,262,000 compared to PKR 28,032,000 a year ago.