Ashfaq Textile Mills Limited announced earnings results for the second quarter and six months ended December 31, 2016. For the quarter, the company reported Sales of PKR 70,490,295 against sales of PKR 68,939,831 a year ago. Profit for the period before taxation was PKR 2,424,479 against profit for the period before taxation of PKR 270,564 a year ago. Profit for the period after taxation was PKR 1,045,899 against profit for the period after taxation of PKR 270,567 a year ago. Basic and diluted per share was PKR 0.03 against basic and diluted per share of PKR 0.01 a year ago. For the period, the company reported sales of PKR 136,394,032 against sales of PKR 134,533,178 a year ago. Profit for the period before taxation was PKR 3,964,007 against loss for the period before taxation of PKR 1,784,397 a year ago. Profit for the period after taxation was PKR 2,585,427 against loss for the period after taxation of PKR 1,784,397 a year ago. Basic and diluted per share was PKR 0.07 against basic and diluted loss per share of PKR 0.05 a year ago.