Service Industries Textiles 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 325.24 million compared to PKR 270.65 million a year ago. Net loss was PKR 39.85 million compared to PKR 26.86 million a year ago. Basic loss per share from continuing operations was PKR 2.89 compared to PKR 1.95 a year ago.
For the six months, sales was PKR 642.37 million compared to PKR 591.93 million a year ago. Net loss was PKR 53.29 million compared to PKR 57.85 million a year ago. Basic loss per share from continuing operations was PKR 3.87 compared to PKR 4.2 a year ago.