Yousuf Weaving Mills Ltd. announced unaudited earnings results for quarter and half year ended December 31, 2013. For the second quarter, sales were PKR 771,956,315 against PKR 715,869,022 a year ago. Operating profit was PKR 15,817,864 compared to PKR 34,335,455 in the same period last year. Loss before taxation was PKR 6,422,612 compared to profit before taxation of PKR 13,380,288 in the same period last year. Loss for the period was PKR 9,358,581 compared to profit for the period of PKR 9,502,524 in the same period last year. Earnings per share was PKR 0.37 compared to PKR 0.23 in the same period last year.

For the half year, sales were PKR 1,475,797,956 against PKR 1,493,910,051 a year ago. Operating profit was PKR 46,636,707 compared to PKR 85,197,263 in the same period last year. Profit before taxation was PKR 3,006,987 compared to profit before taxation of PKR 38,708,716 in the same period last year. Loss for the period was PKR 1,852,335 compared to profit for the period of PKR 31,341,406 in the same period last year. Earnings per share was PKR 0.31 compared to PKR 0.73 in the same period last year.

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