Kohinoor Spinning Mills Limited Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended March 31, 2019
Kohinoor Spinning Mills Limited announced unaudited earnings results for the third quarter and nine months ended March 31, 2019. For the quarter, the company reported sales - net of PKR 1,121,223,185 against PKR 876,078,884 a year ago. Operating loss was PKR 13,793,618 against PKR 69,742,648 a year ago. Loss after taxation was PKR 70,985,654 or PKR 0.33 per basic and diluted share against PKR 117,131,684 or PKR 0.33 per basic and diluted share a year ago.
For the nine months, the company reported sales - net of PKR 3,186,327,343 against PKR 2,264,061,865 a year ago. Operating loss was PKR 124,456,994 against PKR 149,204,668 a year ago. Loss after taxation was PKR 295,151,267 or PKR 1.37 per basic and diluted share against PKR 289,672,509 or PKR 1.34 per basic and diluted share a year ago.