Ellcot Spinning Mills Limited reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was PKR 2,604.93 million compared to PKR 1,705.44 million a year ago. Net income was PKR 422.39 million compared to PKR 113.87 million a year ago. Basic earnings per share from continuing operations was PKR 38.57 compared to PKR 10.4 a year ago.
For the six months, sales was PKR 4,997.1 million compared to PKR 3,258.76 million a year ago. Net income was PKR 823.98 million compared to PKR 146.42 million a year ago. Basic earnings per share from continuing operations was PKR 75.25 compared to PKR 13.37 a year ago.