Chashma Sugar Mills Ltd. announced earnings results for the first quarter ended December 31, 2011. For the quarter, the company reported loss after taxation of PKR 157,149,000 or PKR 5.48 loss per share on net sales of PKR 2,794,469,000 compared to profit after taxation of PKR 18,488,000 or PKR 0.64 profit per share on net sales of PKR 1,013,293,000 for the corresponding period of last year.