Kohinoor Textile Mills Ltd. reported unaudited consolidated and un-consolidated Financial Results for the second Quarter and half year Ended 31 December, 2016. For the quarter, on consolidated basis, the company reported profit from operations of PKR 3,381,532,000 against PKR 2,754,190,000 a year ago. Profit before taxation of PKR 3,261,127,000 against PKR 2,533,758,000 a year ago. Profit after taxation of PKR 2,385,553,000 against PKR 1,909,640,000 a year ago. Sales were of PKR 10,736,381,000 against PKR 10,062,828,000 a year ago. Profit attributable to equity holders of the holding company was PKR 1,549,921,000 PKR 5.49 basic and diluted earnings per share against PKR 1,186,531,000 or PKR 4.20 basic and diluted earnings per share a year ago.

For the six months, on consolidated basis, the company reported profit from operations of PKR 6,079,000,000 against PKR 4,612,722,000 a year ago. Profit before taxation of PKR 5,840,163,000 against PKR 4,123,836,000 a year ago. Profit after taxation of PKR 4,331,871,000 against PKR 3,162,901,000 a year ago. Sales of PKR 20,422,142,000 against PKR 18,973,501,000 a year ago. Profit attributable to equity holders of the holding company was PKR 2,845,369,000 or PKR 10.08 basic and diluted earnings per share against PKR 2,027,615,000 or PKR 8.26 basic and diluted earnings per share a year ago.

For the quarter, on un-consolidated basis, the company reported profit from operations of PKR 1,276,084,000 against PKR 864,691,000 a year ago. Profit before taxation of PKR 1,207,173 against PKR 775,214,000 a year ago. Profit after taxation of PKR 1,113,929,000 against PKR 568,956,000 a year ago. Sales of PKR 4,362,302,000 against PKR 4,172,346,000 a year ago. Basic and diluted earnings per share were PKR 3.95 against PKR 2.02 a year ago.

For the six months, on un-consolidated basis, the company reported profit from operations of PKR 1,860,201,000 against PKR 1,329,305,000 a year ago. Profit before taxation of PKR 1,726,791,000 against PKR 1,157,249,000 a year ago. Profit after taxation of PKR 1,542,291,000 against PKR 948,081,000 a year ago. Sales of PKR 8,528,422,000 against PKR 8,122,250,000 a year ago. Basic and diluted earnings per share were PKR 5.46 against PKR 3.36 a year ago.

The company board of directors meeting held on February 16, 2017, the board members recommend interim cash dividend of PKR 2.00 per share or 20% for the quarter ended December 31, 2016.