Ashfaq Textile Mills Ltd. reported earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported sales of PKR 66,346,283 compared to PKR 65,593,347 a year ago. Profit before taxation was PKR 1,258,680 compared to loss before taxation of PKR 2,357,909 a year ago. Profit was PKR 1,258,680 or PKR 0.04 per basic share compared to loss of PKR 2,357,909 or PKR 0.07 per basic share a year ago.