Adam Sugar Mills Announces Earnings Results for the Full Year Ended September 30, 2016
Adam Sugar Mills announced earnings results for the full year ended September 30, 2016. For the year, the company reported sales was PKR 3,261,246,962 against PKR 2,451,996,557 a year ago. Operating profit was PKR 245,575,681 against loss of PKR 195,527,190 a year ago. Profit before taxation was PKR 168,520,042 against loss before taxation of PKR 82,608,478 a year ago. Profit after tax was PKR 124,459,437 or PKR 7.20 against loss of PKR 70,500,029 or PKR 4.08 per share a year ago.