Huffaz Seamless Pipe Industries Limited announced earnings results for the year ended June 30, 2014. For the period, the company reported net sales of PKR 1,518,120,000 against PKR 2,182,211,000 for the same period a year ago. Loss before taxation was PKR 54,904,000 against PKR 101,505,000 for the same period a year ago.

Loss for the year was PKR 36,348,000 or PKR 0.66 basic and diluted loss per share against PKR 35,219,000 or PKR 0.63 basic and diluted loss per share for the same period a year ago. EBITDA was PKR 196,393,000 against PKR 414,015,000 for the same period a year ago.