Baba Farid Sugar Mills Limited announced earnings results for the first quarter ended December 31, 2019. For the first quarter, the company announced sales was PKR 1.206 million compared to PKR 24.003 million a year ago. Operating loss was PKR 49.861 million compared to PKR 101.128 million a year ago. Net loss was PKR 85.175 million compared to PKR 135.271 million a year ago. Basic loss per share was PKR 9.01 compared to PKR 14.31 a year ago.