The Premier Sugar Mills & Distillery Company Limited announced earnings results for the first quarter ended December 31, 2015. For the quarter, the company reported sales-net of PKR 574,619,000 against PKR 31,329,000 a year ago. Operating profit was PKR 20,986,000 against operating loss of PKR 4,366,000 a year ago.

Profit before taxation was PKR 12,729,000 against loss before taxation of PKR 15,176,000 a year ago. Profit after taxation was PKR 10,238,000 or PKR 2.73 per share against loss after taxation of PKR 17,109,000 or PKR 4.56 per share a year ago.