S.S. Oil Mills Ltd. reported unaudited earnings results for the third quarter and nine months ended March 31, 2016. For the quarter, the company reported Net Sales were PKR 381,302,949 million compared with PKR 608,762,762 million for the same period last year. Operation profit was PKR 14,776,634 million compared with operation loss of PKR 16,271,759 million for the same period last year. Profit before tax was PKR 1,873,802 million compared with loss before tax of PKR 37,338,141 million for the same period last year. Net profit after tax was PKR 7,466,852 million or PKR 1.32 basic and diluted per share as compared with net loss after tax of PKR 33,856,419 million or PKR 6.98 basic and diluted per share for the same period last year.

For the nine months, the company reported Net Sales were PKR 923,762,729 million compared with PKR 1,119,044,780 million for the same period last year. Operation profit was PKR 60,179,610 million compared with operation loss of PKR 33,665,367 million for the same period last year. Profit before tax was PKR 14,794,784 million compared with loss before tax of PKR 82,105,404 million for the same period last year. Net profit after tax was PKR 26,493,682 million or PKR 4.51 basic and diluted per share as compared with net loss after tax of PKR 86,627,140 million or PKR 15.29 basic and diluted per share for the same period last year.