Chashma Sugar Mills Ltd. reported earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported sales – net of PKR 1,863,080,000 compared to PKR 1,600,608,000 a year ago. Profit from operations was PKR 72,840,000 compared to PKR 197,815,000 a year ago. Loss before taxation was PKR 20,111,000 compared to profit of PKR 71,554,000 a year ago. Loss after taxation was PKR 17,828,000 compared to profit of PKR 75,111,000 a year ago. Loss per basic and diluted share was PKR 0.62 compared to earnings per basic and diluted share of PKR 2.62 a year ago.