Shadman Cotton Mills Limited announced unaudited earnings results for the half year and quarter ended December 31, 2017. For the half year, the company’s turnover-net was PKR 193,483,033 as compared to PKR 342,539,571 a year ago. Operating loss was PKR 44,957,379 as compared to PKR 52,325,597 a year ago. Loss before taxation was PKR 45,130,938 as compared to PKR 52,365,899 a year ago. Loss after taxation was PKR 47,551,548 as compared to PKR 55,794,611 a year ago. Basic and diluted loss per share was PKR 2.70 as compared to PKR 3.16 a year ago. For the quarter, the company’s turnover-net was PKR 128,554,482 as compared to PKR 153,696,564 a year ago. Operating loss was PKR 18,508,359 as compared to PKR 25,957,008 a year ago. Loss before taxation was PKR 18,634,345 as compared to PKR 25,957,400 a year ago. Loss after taxation was PKR 20,208,273 as compared to PKR 27,561,327 a year ago. Basic and diluted loss per share was PKR 1.15 as compared to PKR 1.56 a year ago.