Shadman Cotton Mills Ltd. reported unaudited earnings results for the six months ended December 31, 2016. For the six months, the company reported turnover, net of PKR 342,539,571 compared to PKR 373,458,198 a year ago. Loss before taxation was PKR 52,365,899 compared to PKR 97,884,531 a year ago. Loss for the period was PKR 55,794,611 compared to PKR 101,634,415 a year ago. Basic and diluted loss per share was PKR 3.16 compared to PKR 5.76 a year ago.