Huffaz Seamless Pipe Industries Limited reported earnings results for the third quarter and nine months ended March 31, 2013. For the quarter, the company reported net sales of PKR 631,349,000 against PKR 489,119,000 a year ago. Profit before taxation was PKR 59,779,000 against PKR 24,445,000 a year ago. Profit after taxation was PKR 69,589,000 or PKR 1.25 per basic and diluted share against PKR 20,123,000 or PKR 0.36 basic and diluted share a year ago. EBITDA was PKR 190,694,000 against PKR 135,994,000 a year ago.

For the nine months, the company reported net sales of PKR 1,635,203,000 against PKR 1,566,276,000 a year ago. Loss before taxation was PKR 37,675,000 against profit before taxation of PKR 415,000 a year ago. Profit after taxation was PKR 2,048,000 or PKR 0.04 per basic and diluted share against PKR 28,481,000 or PKR 0.51 basic and diluted share a year ago. EBITDA was PKR 362,437,000 against PKR 334,710,000 a year ago.