Huffaz Seamless Pipe Industries Limited Announces Earnings Results for the First Quarter Ended September 30, 2016
Huffaz Seamless Pipe Industries Limited announced earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported net sales of PKR 246,271,000 against PKR 288,452,000 a year ago. Loss before taxation was PKR 71,277,000 against PKR 18,200,000 a year ago. Loss after taxation was PKR 50,805,000 against PKR 4,025,000 a year ago. Basic and diluted loss per share was PKR 0.92 against PKR 0.07 a year ago.