Yousuf Weaving Mills Limited. announced unaudited earnings results for the third quarter and nine months ended March 31, 2014. For the quarter, the company reported net sales of PKR 727,416,112 against PKR 683,782,071 a year ago. Operating profit was PKR 24,895,417 against PKR 35,563,576 a year ago. Profit before taxation was PKR 7,421,255 against PKR 17,584,867 a year ago. Profit after taxation was PKR 129,889 or PKR 0.00 basic per share against PKR 13,244,077 or PKR 0.33 basic per share a year ago.

For the nine months, the company reported net sales of PKR 2,203,214,068 against PKR 2,177,692,122 a year ago. Operating profit was PKR 71,532,124 against PKR 120,760,839 a year ago. Profit before taxation was PKR 10,428,242 against PKR 56,293,583 a year ago. Loss after taxation was PKR 12,232,516 or PKR 0.31 basic per share against profit after taxation of PKR 42,492,063 or PKR 1.06 basic and diluted per share a year ago.