Maqbool Textile 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 2,683.01 million compared to PKR 1,969.06 million a year ago. Net income was PKR 20.71 million compared to net loss of PKR 118.03 million a year ago. Basic earnings per share from continuing operations was PKR 1.12 compared to basic loss per share from continuing operations of PKR 6.4 a year ago.
For the six months, sales was PKR 5,862.46 million compared to PKR 4,667.24 million a year ago. Net income was PKR 60.95 million compared to net loss of PKR 192.91 million a year ago. Basic earnings per share from continuing operations was PKR 3.31 compared to basic loss per share from continuing operations of PKR 10.47 a year ago.