Faisal Spinning Mills Limited Faces Significant Losses in Half-Year Performance

Financial Results

Karachi, Faisal Spinning Mills Limited reported its financial results for the half-year ended December 31, 2023. The company experienced a pre-tax loss of PKR 37.629 million and a substantial post-tax loss of PKR 340.440 million. The earnings per share were -PKR 34.04, reflecting a difficult half-year for the firm.