Shakarganj Mills Limited Reports Earnings Results for the Year Ended September 30, 2016
Shakarganj Mills Limited reported earnings results for the year ended September 30, 2016. For the year, the company reported net sales of PKR 4,373,219,000 compared to PKR 6,578,986,000 a year ago. Loss from operations was PKR 140,704,000 compared to PKR 183,146,000 a year ago. Loss before taxation was PKR 31,663,000 compared to PKR 42,652,000 a year ago. Loss for the year was PKR 17,893,000 compared to PKR 142,756,000 a year ago. Basic and diluted loss per share was PKR 0.18 compared to PKR 1.89 a year ago.