Popular Islamic Modaraba reported earnings results for the second quarter and six months ended December 31, 2015. The company reported net sales of PKR 5,911,673, operating profit of PKR 1,330,319, profit before taxation of PKR 1,328,348, profit of PKR 1,328,348 or PKR 0.13 per basic and diluted share against net sales of PKR 4,059,738, operating profit of PKR 872,934, profit before taxation of PKR 771,674, profit of PKR 771,674 or PKR 0.08 per basic and diluted share a year ago.

For the six months, the company reported net sales of PKR 10,981,257, operating profit of PKR 1,935,233, profit before taxation of PKR 1,797,723, profit of PKR 1,687,910 or PKR 0.17 per basic and diluted share against net sales of PKR 7,211,706, operating profit of PKR 1,566,091, profit before taxation of PKR 1,868,709, profit of PKR 1,868,709 or PKR 0.19 per basic and diluted share a year ago.