Sakrand Sugar Mills Reports Earnings Results for the First Quarter Ended December 31, 2011
Sakrand Sugar Mills reported earnings results for the first quarter ended December 31, 2011. For the quarter the company reported net sales of PKR 408,011,945 against PKR 646,191,513 a year ago. Operating loss was PKR 17,768,196 against operating profit of PKR 18,675,564 a year ago. Loss before taxation was PKR 33,143,021 against profit before taxation of PKR 851,144 a year ago. Loss after taxation was PKR 36,908,665 or PKR 1.65 basic per share against PKR 12,505,246 or PKR 0.56 basic per share a year ago.