Masood Textile Mills Limited reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was PKR 13,059.85 million compared to PKR 7,956.46 million a year ago. Net income was PKR 586.38 million compared to PKR 68.42 million a year ago. Basic earnings per share from continuing operations was PKR 8.59 compared to PKR 0.9 a year ago. Diluted earnings per share from continuing operations was PKR 7.65 compared to PKR 0.85 a year ago.
For the six months, sales was PKR 25,165.07 million compared to PKR 15,038.04 million a year ago. Net income was PKR 1,058.53 million compared to net loss of PKR 126.34 million a year ago. Basic earnings per share from continuing operations was PKR 15.48 compared to basic loss per share from continuing operations of PKR 2.09 a year ago. Diluted earnings per share from continuing operations was PKR 13.99.