Huffaz Seamless Pipe Industries Limited announced earnings results for the third quarter and nine months ended March 31, 2016. For the quarter, the company reported net sales of PKR 237,546,000 against PKR 379,702,000 for the same period a year ago. Loss before taxation was PKR 28,673,000 against PKR 32,068,000 for the same period a year ago. Loss for the period was PKR 30,609,000 or PKR 0.55 per basic and diluted share against PKR 20,762,000 or PKR 0.37 basic and diluted loss per share for the same period a year ago. For the nine months, the company reported net sales of PKR 698,742,000 against PKR 1,358,996,000 for the same period a year ago. Loss before taxation was PKR 7,326,000 against PKR 31,795,000 for the same period a year ago. Profit for the period was PKR 8,833,000 or PKR 0.16 per basic and diluted share against loss for the period of PKR 19,263,000 or PKR 0.35 basic and diluted loss per share for the same period a year ago.