Al-Abid Silk Mills Ltd. announced earnings results for the first quarter ended September 30, 2018. For the first quarter, the company announced operating loss was PKR 41.956 million compared to PKR 83.547 million a year ago. Net loss was PKR 41.960 million compared to PKR 58.394 million a year ago. Basic loss per share was PKR 3.13 compared to PKR 4.35 a year ago.