Nagina Cotton Mills 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 5,685.32 million compared to PKR 2,899.17 million a year ago. Net income was PKR 34.67 million compared to PKR 115.45 million a year ago. Basic earnings per share from continuing operations was PKR 1.85 compared to PKR 6.17 a year ago.
For the six months, sales was PKR 10,808.86 million compared to PKR 6,114.47 million a year ago. Net income was PKR 60.14 million compared to PKR 456.13 million a year ago. Basic earnings per share from continuing operations was PKR 3.22 compared to PKR 24.39 a year ago.