Jubilee Spinning & Weaving Mills Limited reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was PKR 0.737792 million compared to PKR 0.230812 million a year ago. Net income was PKR 0.736747 million compared to net loss of PKR 1.47 million a year ago. Basic earnings per share from continuing operations was PKR 0.02 compared to basic loss per share from continuing operations of PKR 0.05 a year ago.
For the six months, sales was PKR 1.51 million compared to PKR 1.04 million a year ago. Net loss was PKR 2.52 million compared to PKR 2.52 million a year ago. Basic loss per share from continuing operations was PKR 0.08 compared to PKR 0.08 a year ago.