Baba Farid Sugar Mills Limited announced earnings results for the first quarter ended December 31, 2020. For the first quarter, the company announced sales was PKR 504.376 million compared to PKR 1.206 million a year ago. Operating income was PKR 34.121 million compared to operating loss of PKR 49.861 million a year ago. Net income was PKR 7.501 million compared to net loss of PKR 85.175 million a year ago. Basic earnings per share from continuing operations was PKR 0.79 compared to basic loss per share from continuing operations of PKR 9.01 a year ago.