Adam Sugar Mills Limited Announces Unaudited Earnings Results for the Quarter Ended December 31, 2016
Adam Sugar Mills Limited announced unaudited earnings results for the quarter ended December 31, 2016. For the quarter, the company reported sales- net of PKR 100,466,492 against PKR 488,431,270 a year ago. Operating loss was PKR 32,237,704 against PKR 12,323,666 a year ago. Loss before taxation was PKR 41,625,071 against PKR 24,592,790 a year ago. Loss after tax was PKR 29,335,713 or PKR 1.70 per basic and diluted share against PKR 29,477,103 or PKR 1.70 per basic and diluted a year ago.