Kohinoor Spinning Mills Limited Reports Unaudited Earnings Results for the First Quarter Ended September 30, 2016
Kohinoor Spinning Mills Limited reported unaudited earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported net sales of PKR 286,290,574 against PKR 1,257,406,778 a year ago. Operating loss was PKR 45,267,841 against operating profit of PKR 30,128,518 a year ago. Loss before taxation was PKR 66,320,122 against PKR 24,316,313 a year ago. Loss for the period was PKR 69,183,028 or PKR 0.53 per share basic against PKR 36,890,381 or PKR 0.28 per share basic a year ago.