Shahtaj Sugar Mills Limited Reports Unaudited Earnings Results for the First Quarter Ended December 31, 2016
Shahtaj Sugar Mills Limited reported unaudited earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported net sales of PKR 947,597,000 against PKR 963,436,000 a year ago. Operating profit was PKR 65,218,000 against PKR 27,258,000 a year ago. Profit before taxation was PKR 63,131,000 against PKR 17,268,000 a year ago. Net profit for the period was PKR 52,008,000 or PKR 4.33 per basic share against PKR 7,274,000 or PKR 0.61 per basic and diluted share a year ago.