Ashfaq Textile Mills Ltd. reported earnings results for the first quarter ended September 30, 2017. For the quarter, the company reported sales of PKR 74,147,283 compared to PKR 66,346,283 a year ago. Loss before taxation was PKR 2,215,550 compared to profit before taxation of PKR 1,258,680 a year ago. Loss was PKR 2,852,569 or PKR 0.08 per basic share compared to profit of PKR 1,258,680 or PKR 0.04 per basic share a year ago.