Huffaz Seamless Pipe Industries Limited reported earnings results for the first quarter ended September 30, 2014. For the quarter, the company reported net sales of PKR 405,152,000 compared to PKR 339,254,000 a year ago. Loss before taxation was PKR 28,622,000 compared to profit before taxation of PKR 27,174,000 a year ago.

Loss after taxation was PKR 18,343,000 compared to profit after taxation of PKR 27,303,000 a year ago. Basic and diluted loss per share was PKR 0.33 compared to basic and diluted profit per share of PKR 0.49 a year ago.