Baba Farid Sugar Mills Limited reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported sales was PKR 1,238.13 million compared to PKR 688.3 million a year ago. Net income was PKR 158.13 million compared to net loss of PKR 70.36 million a year ago.

Basic earnings per share from continuing operations was PKR 16.73 compared to basic loss per share from continuing operations of PKR 7.45 a year ago.