Ideal Spinning Mills Limited Announces Unaudited Earnings Results for the First Quarter Ended September 30, 2018
October 29, 2018 at 03:18 pm IST
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.