Baba Farid Sugar Mills Limited reported earnings results for the first quarter ended December 31, 2022. For the first quarter, the company reported sales was PKR 688.3 million compared to PKR 545.63 million a year ago. Net loss was PKR 70.36 million compared to PKR 34.34 million a year ago.

Basic loss per share from continuing operations was PKR 7.45 compared to PKR 3.63 a year ago.