International Knitwear Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 164.79 million compared to PKR 192.32 million a year ago. Net income was PKR 3.72 million compared to PKR 10.43 million a year ago. Basic earnings per share from continuing operations was PKR 0.39 compared to PKR 1.08 a year ago.
For the six months, sales was PKR 405.12 million compared to PKR 416.22 million a year ago. Net income was PKR 23.54 million compared to PKR 28.02 million a year ago. Basic earnings per share from continuing operations was PKR 2.43 compared to PKR 2.9 a year ago.