Faisal Spinning Mills 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 7,982.11 million compared to PKR 7,269.49 million a year ago. Net income was PKR 387.75 million compared to PKR 1,183.57 million a year ago. Basic earnings per share from continuing operations was PKR 38.77 compared to PKR 118.36 a year ago.
For the six months, sales was PKR 15,806.65 million compared to PKR 13,818.71 million a year ago. Net income was PKR 792.81 million compared to PKR 2,119.61 million a year ago. Basic earnings per share from continuing operations was PKR 79.28 compared to PKR 211.96 a year ago.