Faran Sugar Mills Limited reported earnings results for the first quarter ended December 31, 2017. For the quarter, the company’s sales – net were PKR 1,583,789,314 compared to PKR 1,297,919,855 a year ago. Operating loss was PKR 437,719,813 compared to profit of PKR 87,296,611 a year ago. Loss before taxation was PKR 151,196,937 compared to profit of PKR 105,653,400 a year ago. Loss after taxation was PKR 147,836,985 or PKR 5.91 per basic and diluted share, compared to profit of PKR 89,922,544 or PKR 3.60 per basic and diluted share, a year ago.