Masood 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 14,335.75 million compared to PKR 13,734.58 million a year ago. Net income was PKR 692.54 million compared to PKR 497.24 million a year ago. Basic earnings per share from continuing operations was PKR 10 compared to PKR 7.18 a year ago. Diluted earnings per share from continuing operations was PKR 9.22 compared to PKR 6.16 a year ago.
For the six months, sales was PKR 29,505.74 million compared to PKR 28,969.37 million a year ago. Net income was PKR 1,202.4 million compared to PKR 1,172.53 million a year ago. Basic earnings per share from continuing operations was PKR 17.3 compared to PKR 17.01 a year ago. Diluted earnings per share from continuing operations was PKR 15.79 compared to PKR 15.03 a year ago.