Ghani Automobile Industries Limited announced earnings results for the first quarter ended September 30, 2015. For the quarter, the company reported net sales of PKR 24,241,107 compared with PKR 47,153,204 for the same period a year ago. Operating loss before finance costs were PKR 21,180,520 against operating profit before finance costs of PKR 4,179,094 a year ago.

Loss after tax was PKR 21,447,993 or PKR 0.43 per basic share compared with PKR 2,745,901 or PKR 0.05 per basic share for the same period a year ago.