JDW Sugar Mills Ltd. reported unaudited financial results for the first quarter ended Dec. 31, 2012. For the quarter, the company reported operating profit of PKR 299 million against PKR 575 million for the same period of last year.

Profit before taxation was PKR 98 million against PKR 346 million for the same period of last year. Profit after taxation was PKR 61 million or PKR 1.03 per diluted share against PKR 292 million or PKR 4.89 per diluted share for the same period of last year. Net sales were PKR 8.86 billion against PKR 9.06 billion for the same period of last year.