Shams Textile Mills Limited reported earnings results for the first quarter ended September 30, 2022. For the first quarter, the company reported sales was PKR 322.58 million compared to PKR 2,430.27 million a year ago. Net loss was PKR 31.23 million compared to net income of PKR 132.78 million a year ago.

Basic loss per share from continuing operations was PKR 3.61 compared to basic earnings per share from continuing operations of PKR 15.37 a year ago.