Artistic Denim 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 5,672.14 million compared to PKR 3,832.19 million a year ago. Net income was PKR 96.85 million compared to PKR 220.68 million a year ago. Basic earnings per share from continuing operations was PKR 1.15 compared to PKR 2.63 a year ago.
For the six months, sales was PKR 10,781.31 million compared to PKR 7,491.89 million a year ago. Net income was PKR 272.58 million compared to PKR 465.76 million a year ago. Basic earnings per share from continuing operations was PKR 3.25 compared to PKR 5.54 a year ago.