Huffaz Seamless Pipe Industries Limited announced earnings results for the second quarter and half year ended December 31, 2016. For the quarter, the company reported net sales of PKR 227,022,000 against PKR 172,744,000 for the same period a year ago. Profit before taxation was PKR 63,282,000 against PKR 39,547,000 for the same period a year ago. Profit was PKR 52,575,000 or PKR 0.95 per basic and diluted share against PKR 43,467,000 or PKR 0.78 basic and diluted loss per share for the same period a year ago. For the half year, the company reported net sales of PKR 473,293,000 against PKR 461,196,000 for the same period a year ago. Loss before taxation was PKR 7,995,000 against profit before taxation of PKR 21,347,000 for the same period a year ago. Profit was PKR 1,770,000 or PKR 0.03 per basic and diluted share against PKR 39,442,000 or PKR 0.71 basic and diluted loss per share for the same period a year ago.