Shadman Cotton Mills Ltd. announced earnings results for the third quarter and nine months ended March 31, 2016. For the quarter, the company reported net sales were PKR 251,909,366 against PKR 319,247,930 a year ago. Loss before taxation was PKR 14,889,102 against PKR 43,597,425 a year ago. Loss for the period was PKR 17,341,024 against PKR 46,724,378 a year ago. Basic and diluted loss per share was PKR 0.98 against PKR 2.65 a year ago. For the nine months, the company reported net sales were PKR 625,367,564 against PKR 997,471,295 a year ago. Loss before taxation was PKR 112,773,633 against PKR 130,287,700 a year ago. Loss for the period was PKR 118,975,439 against PKR 140,283,930 a year ago. Basic and diluted loss per share was PKR 6.75 against PKR 7.95 a year ago.