Pakistan's Nishat Mills Ltd (NML) increased its first-half net profit by 128% to PKR1197m (US$15m), compared to the same period last year.

The company's board said earnings per share surged to PKR7.49 during the six-months to 31 December, from PKR3.28 a year earlier.

According to the financial results, 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.