Karachi-based supplier Artistic Denim Mills (ADM) has reported net sales to the tune of approximately $38.6 million or 10.8 billion Pakistani rupees during the first half (H1), representing 43.9% growth year on year, while simultaneously registering a 41.5% decline in net profit with the country’s stock exchange.

The filing notably included a significant rise to its sales costs and financing, which almost doubled over the six-month period to approximately $2.3 million (654 million rupees), up from $1.3 million or 363 million rupees.

Established in 1992, the mill specialises in rope-dyed denim fabrics, yarns and value-added textiles.

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