Khurshid Spinning Mills Ltd. announced earnings results for the second quarter and six months ended December 31, 2015. For the quarter, the company reported other income of PKR 7,005,000 against PKR 6,324,000 a year ago. Loss from operations was PKR 2,548,000 against PKR 3,677,000 a year ago. Loss before taxation was PKR 7,011,000 against PKR 7,470,000 a year ago. Loss after taxation was PKR 5,520,000 or PKR 0.42 basic and diluted per share against PKR 5,762,000 or PKR 0.44 basic and diluted per share a year ago.

For the six months, the company reported other income of PKR 13,005,000 against PKR 12,325,000 a year ago. Loss from operations was PKR 5,778,000 against PKR 9,343,000 a year ago. Loss before taxation was PKR 12,289,000 against PKR 17,565,000 a year ago. Loss after taxation was PKR 9,307,000 or PKR 0.71 basic and diluted per share against PKR 14,148,000 or PKR 1.07 basic and diluted per share a year ago.