Ghani Automobile Industries Limited announced earnings results for the first quarter ended September 30, 2017. For the quarter, the company reported net sales of PKR 38,203,192 compared with PKR 25,585,509 for the same period a year ago. Operating loss was PKR 5,102,561 against PKR 5,994,045 a year ago. Operating loss before finance costs was PKR 2,407,412 against PKR 3,091,374 a year ago. Loss before taxation was PKR 2,456,705 against PKR 3,127,520 a year ago. Loss after tax was PKR 2,456,705 or PKR 0.05 per basic share compared with PKR 3,383,376 or PKR 0.07 per basic share for the same period a year ago.