Faran Sugar Mills Ltd. announced earnings results for the first quarter ended December 31, 2015. For the quarter, the company reported sales, net of PKR 2,593,858,238 compared to PKR 981,955,471 for the same period a year ago. Operating profit was PKR 2016,775,749 compared to PKR 100,140 for the same period a year ago.

Profit before taxation was PKR 242,550,840 compared to PKR 46,177,196 for the same period a year ago. Profit after taxation was PKR 178,878,130 compared to PKR 36,317,312 for the same period a year ago. Earnings per share were PKR 7.15 compared to PKR 1.45 for the same period a year ago.