Nishat Mills Ltd (NML), Pakistan's largest composite mill increased its first-half (2008-2009) net profit by 128% to PKR1197m (US$15m), compared to the same period last year. The company's sales rose by PKR4.2bn to PKR12bn, while the cost of sales was upby PKR2bn to PKR9bn during the period under review.
Its profit after tax in the year ended June 2008 jumped by 267% to PKR6.13bn (US$87m), compared to PKR1.67bn a year earlier.
Source: just-style
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