Ashfaq Textile Mills Limited reported earnings results for the half year ended December 31, 2022. For the half year, the company reported sales was PKR 214.5 million compared to PKR 253.01 million a year ago. Net loss was PKR 21.59 million compared to net income of PKR 11.12 million a year ago.

Basic loss per share from continuing operations was PKR 0.45 compared to basic earnings per share from continuing operations of PKR 0.2318 a year ago. Diluted loss per share from continuing operations was PKR 0.45 compared to diluted earnings per share from continuing operations of PKR 0.2318 a year ago.