Fauji Foods Limited Reports Earnings Results for the Six Months Ended December 31, 2016
Fauji Foods Limited reported earnings results for the six months ended December 31, 2016. For the six months, the company reported sales-net of PKR 3,370,506,772 against PKR 689,044,680 a year ago. Loss from operations was PKR 1,637,003,613 against PKR 136,120,557 a year ago. Loss before taxation was PKR 1,517,940,130 against PKR 176,931,115 a year ago. Loss was PKR 966,919,814 against PKR 106,073,430 a year ago. Loss per basic and diluted share was PKR 8.75 against PKR 1.07 a year ago.