Chakwal Spinning Mills Limited Reports Earnings Results for the Second Quarter Ended December 31, 2018
Chakwal Spinning Mills Limited announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was PKR 270.457 million compared to PKR 0 a year ago. Operating loss was PKR 14.151 million compared to PKR 21.591 million a year ago. Net loss was PKR 24.580 million compared to PKR 25.332 million a year ago. Basic loss per share was PKR 0.2 compared to PKR 0.63 a year ago.
For the half year, sales was PKR 505.781 million compared to PKR 0 a year ago. Operating loss was PKR 30.678 million compared to PKR 43.144 million a year ago. Net loss was PKR 51.595 million compared to PKR 53.515 million a year ago. Basic loss per share was PKR 0.42 compared to PKR 1.34 a year ago.