Huffaz Seamless Pipe Industries Limited Announces Earnings Results for the Second Quarter and Half Year Ended December 31, 2013
For the half year, the company reported net sales of PKR 566,567,000 against PKR 1,003,854,000 for the same period a year ago. Loss before taxation was PKR 54,577,000 against PKR 97,454,000 for the same period a year ago. Loss for the period was PKR 38,569,000 or PKR 0.70 basic and diluted loss per share against PKR 67,540,000 or PKR 1.22 basic and diluted loss per share for the same period a year ago. EBITDA was PKR 72,365,000 against profit of PKR 171,743,000 a year ago.