Sajjad Textile Mills Limited announced unaudited earnings results for the quarter and half year ended December 31, 2013. For the quarter, the company reported sales of PKR 440,126,042 as compared to PKR 224,331,510 for the same period prior year. Operating profit was PKR 2,250,903 compared to PKR 25,155,369 for the same period prior year. Profit before taxation was PKR 5,684,972 compared to PKR 25,122,179 a year ago. Profit after taxation was PKR 2,820,745 or PKR 0.13 per share as compared to PKR 29,414,255 or PKR 1.38 per share a year ago.

For the half year, the company reported sales of PKR 679,604,898 as compared to PKR 372,254,949 for the same period prior year. Operating profit was PKR 5,219,371 compared to PKR 44,347,819 for the same period prior year. Profit before taxation was PKR 8,653,440 compared to PKR 45,028,753 a year ago. Profit after taxation was PKR 3,596,356 or PKR 0.17 per share as compared to PKR 51,270,857 or PKR 2.41 per share a year ago.