Baba Farid Sugar Mills Ltd. reported unaudited earnings results for the first quarter ended December 31, 2018. For the year, sales net were PKR 21,965,005 against PKR 197,370,138 reported a year ago. Operating loss was PKR 105,591,392 against profit of PKR 997,913 reported a year ago. Loss after taxation was PKR 135,271,387 or PKR 14.31 per basic and diluted share against PKR 24,418,015 or PKR 2.58 per basic and diluted share reported a year ago.