Saritow Spinning 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 1,205.75 million compared to PKR 881.79 million a year ago. Net income was PKR 1.56 million compared to PKR 49.84 million a year ago. Basic earnings per share from continuing operations was PKR 0.05 compared to PKR 1.67 a year ago.
For the six months, sales was PKR 2,122.66 million compared to PKR 1,757.97 million a year ago. Net income was PKR 52.85 million compared to PKR 58.57 million a year ago. Basic earnings per share from continuing operations was PKR 1.77 compared to PKR 1.96 a year ago.