Dewan Sugar Mills Ltd. Reports Unaudited Earnings Results for the First Quarter Ended December 31, 2016
Dewan Sugar Mills Ltd. reported unaudited earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported sales of PKR 72,074,000 compared to PKR 328,365,000 a year ago. Loss from operations was PKR 203,162,000 compared to PKR 247,900,000 a year ago. Loss before income tax was PKR 223,465,000 compared to PKR 265,864,000 a year ago. Loss for the period was PKR 212,751,000 or PKR 3.20 per basic share compared to PKR 260,085,000 or PKR 3.91 per basic share a year ago.