Huffaz Seamless Pipe Industries Limited announced earnings results for the first quarter ended September 30, 2016. For the quarter, the company reported net sales of PKR 246,271,000 against PKR 288,452,000 a year ago. Loss before taxation was PKR 71,277,000 against PKR 18,200,000 a year ago. Loss after taxation was PKR 50,805,000 against PKR 4,025,000 a year ago. Basic and diluted loss per share was PKR 0.92 against PKR 0.07 a year ago.