The Premier Sugar Mills & Distillery Company Limited announced earnings results for the first quarter ended December 31, 2017. For the quarter, the company reported sales-net of PKR 445,612,000 against PKR 291,301,000 a year ago. Operating loss was PKR 107,593,000 against PKR 1,454,000 a year ago. Loss before taxation was PKR 114,480,000 against PKR 2,885,000 a year ago. Loss after taxation was PKR 120,457,000 or PKR 32.12 per share against profit after taxation of PKR 6,726,000 or PKR 1.79 per share a year ago.