Habib Sugar Mills Limited reported unaudited earnings results for the first quarter ended December 31, 2015. For the quarter, the company reported net sales and services of PKR 988,890,000 compared to PKR 1,204,221,000 a year ago. Operating profit was PKR 127,264,000 compared to PKR 9,322,000 a year ago.

Profit before taxation was PKR 124,684,000 compared to PKR 58,931,000 a year ago. Profit after taxation was PKR 97,684,000 or PKR 0.65 per basic and diluted share compared to PKR 48,431,000 or PKR 0.32 basic and diluted earnings per share a year ago.