Shadman Cotton Mills Ltd. announced earnings results for the year ended June 30, 2016. For the year, the company reported net sales of PKR 709,838,580 against PKR 1,175,182,874 a year ago. Operating loss was PKR 175,397,630 against PKR 88,104,876 a year ago. Loss before taxation was PKR 175,816,394 against profit before taxation of PKR 23,909,561 a year ago. Loss for the year was PKR 139,727,664 against profit for the year of PKR 12,844,016 a year ago. Basic and diluted loss per share was PKR 0.79 against basic and diluted earnings per share of PKR 0.07 a year ago.