Al-Abbas Sugar Mills Limited. announced earnings results for the first quarter ended December 31, 2012. For the quarter, the company reported sales - net of PKR 1,052,462,000 against PKR 1,448,317,000 for the same period last year.

Operating profit was PKR 61,654,000 against PKR 66,088,000 for the same period last year. Profit before taxation was PKR 24,179,000 against loss before taxation of PKR 1,284,000 for the same period last year. Net profit for the year was PKR 17,828,000 or PKR 1.03 per basic and diluted share against net loss for the year of PKR 19,777,000 or PKR 1.14 per basic and diluted share for the same period last year.