Shahtaj Textile Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 2,126.01 million compared to PKR 1,877.57 million a year ago. Net income was PKR 37.4 million compared to PKR 93.09 million a year ago. Basic earnings per share from continuing operations was PKR 3.87 compared to PKR 9.64 a year ago.
For the six months, sales was PKR 4,443.19 million compared to PKR 3,771.73 million a year ago. Net income was PKR 85.35 million compared to PKR 179.77 million a year ago. Basic earnings per share from continuing operations was PKR 8.83 compared to PKR 18.61 a year ago.