Adam Sugar Mills Limited Announces Earnings Results for the Year Ended September 30, 2017
Adam Sugar Mills Limited announced earnings results for the year ended September 30, 2017. For the year, the company reported sales- net of PKR 1,849,979,187 against PKR 3,261,246,962 a year ago. Operating loss was PKR 11,756,252 against operating profit of PKR 245,575,681 a year ago. Loss before taxation was PKR 5,732,576 against profit before taxation of PKR 168,520,042 a year ago. Loss after taxation was PKR 2,988,340 or PKR 0.17 per basic and diluted share against profit after taxation of PKR 124,459,437 or PKR 7.20 per basic and diluted a year ago.