The National Silk & Rayon Mills Ltd. reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 537.64 million compared to PKR 449.37 million a year ago. Net loss was PKR 11.4 million compared to PKR 10.78 million a year ago. Basic loss per share from continuing operations was PKR 0.73 compared to PKR 0.69 a year ago.
For the six months, sales was PKR 954.61 million compared to PKR 843.56 million a year ago. Net income was PKR 1.51 million compared to net loss of PKR 3.27 million a year ago. Basic earnings per share from continuing operations was PKR 0.1 compared to basic loss per share from continuing operations of PKR 0.21 a year ago.