Haseeb Waqas Sugar Mills Limited Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended March 31, 2018
Haseeb Waqas Sugar Mills Limited announced unaudited earnings results for the second quarter and six months ended March 31, 2018. For the quarter, the company’s sales-net was PKR 176,485,800 against PKR 593,678,932 a year ago. Loss from operations was PKR 72,108,046 against PKR 100,726,378 a year ago. Loss before taxation was PKR 107,111,825 against PKR 120,103,292 a year ago. Loss after taxation was PKR 81,780,355 against PKR 38,699,403 a year ago. Loss per share - basic and diluted was PKR 2.52 against PKR 1.19 a year ago.
For the six months, the company’s sales-net was PKR 176,684,002 against PKR 884,515,492 a year ago. Loss from operations was PKR 155,083,896 against PKR 160,693,186 a year ago. Loss before taxation was PKR 225,760,428 against PKR 219,805,314 a year ago. Loss after taxation was PKR 190,108,003 against PKR 142,073,684 a year ago. Loss per share - basic and diluted was PKR 5.87 against PKR 4.38 a year ago.