Biafo Industries Limited announced earnings results for the first quarter ended September 30, 2019. For the first quarter, the company announced sales was PKR 464.320 million compared to PKR 385.546 million a year ago. Operating income was PKR 135.299 million compared to PKR 143.798 million a year ago. Net income was PKR 113.453 million compared to PKR 107.416 million a year ago. Basic earnings per share was PKR 4.3 compared to PKR 4.07 a year ago.