Huffaz Seamless Pipe Industries Limited announced earnings results for the first quarter ended September 30, 2015. For the quarter, the company reported net sales of PKR 288,452,000 against PKR 405,152,000 a year ago. Loss before taxation was PKR 18,200,000 against PKR 28,622,000 a year ago.

Loss for the year was PKR 4,025,000 against PKR 18,343,000 a year ago. Basic and diluted loss per share was PKR 0.07 against PKR 0.33 a year ago.