S.S. Oil Mills Ltd. Reports Unaudited Earnings Results for the First Quarter Ended September 30, 2016
S.S. Oil Mills Ltd. reported unaudited earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported sales of PKR 599,921,660 compared to PKR 245,624,796 a year ago. Operating profit was PKR 13,544,989 compared to PKR 24,743,971 a year ago. Profit before taxation was PKR 243,672 compared to PKR 10,118,887 a year ago. Loss after taxation was PKR 3,393,755 compared to profit after tax of PKR 11,946,472 a year ago. Basic and diluted loss per share was PKR 0.60 compared to basic and diluted earnings per share of PKR 2.11 a year ago.