Al-Abid Silk Mills Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported net loss was PKR 39.25 million compared to PKR 28.6 million a year ago. Basic loss per share from continuing operations was PKR 2.93 compared to PKR 2.13 a year ago.
For the six months, net loss was PKR 81.17 million compared to PKR 47.45 million a year ago. Basic loss per share from continuing operations was PKR 6.05 compared to PKR 3.54 a year ago.