Shadman Cotton Mills Ltd. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended March 31, 2018
Shadman Cotton Mills Ltd. announced unaudited earnings results for the third quarter and nine months ended March 31, 2018. For the nine months, the company reported turnover-net of PKR 353,801,620 against PKR 394,450,638 a year ago. Loss before taxation was PKR 61,208,728 against PKR 77,551,554 a year ago. Loss after taxation was PKR 65,767,740 against PKR 81,562,908 a year ago. Basic and diluted loss per share was PKR 3.73 against PKR 4.62 a year ago.
For the quarter, the company reported turnover-net of PKR 160,318,587 against PKR 51,911,067 a year ago. Loss before taxation was PKR 16,077,790 against PKR 25,185,655 a year ago. Loss after taxation was PKR 18,216,192 against PKR 25,768,297 a year ago. Basic and diluted loss per share was PKR 1.03 against PKR 1.46 a year ago.