Baba Farid Sugar Mills Limited reported earnings results for the second quarter and six months ended March 31, 2022. For the second quarter, the company reported sales was PKR 555.11 million compared to PKR 752.37 million a year ago. Net loss was PKR 93.18 million compared to PKR 40.54 million a year ago. Basic loss per share from continuing operations was PKR 9.86 compared to PKR 4.29 a year ago.
For the six months, sales was PKR 1,100.74 million compared to PKR 1,256.74 million a year ago. Net loss was PKR 127.53 million compared to PKR 33.04 million a year ago. Basic loss per share from continuing operations was PKR 13.49 compared to PKR 3.5 a year ago.