Shadman Cotton Mills Ltd. announced earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, the company reported sales and services of PKR 319,247,930 against PKR 523,853,422 a year ago. Loss before taxation was PKR 43,597,425 against PKR 13,589,024 a year ago. Loss for the period was PKR 46,724,378 or PKR 2.65 per share against PKR 16,902,634 or PKR 0.958 per share a year ago.

For the nine months, the company reported sales and services of PKR 997,471,295 against PKR 2,325,849,379 a year ago. Loss before taxation was PKR 130,287,700 against profit before taxation of PKR 9,357,294 a year ago. Loss for the period was PKR 140,283,930 or PKR 7.95 per share against PKR 12,950,833 or PKR 0.73 per share a year ago.