Pakistan Gum & Chemicals Limited reported earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net sales of PKR 94.964 million against PKR 248.522 million a year ago. Operating loss was PKR 17.552 million against operating profit of PKR 4.593 million a year ago.

Loss before taxation was PKR 17.858 million against profit of PKR 4.145 million a year ago. Net loss for the period was PKR 18.682 million or PKR 4.40 per share against net profit of PKR 0.545 million or PKR 0.13 per share a year ago.