PECO reported a net loss of Rs 23.97 million for the three months ended September 30, 2024
Filed as: Financial Results for the Quarter Ended September 30, 2024
Summary
PECO reported a net loss of Rs 23.97 million for the three months ended September 30, 2024, compared to a net loss of Rs 40.44 million in the prior period. Despite a slight increase in sales, the company continues to face significant financial challenges.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net Loss | PKR 23.97M | PKR 40.44M | -40.7% |
| Sales | PKR 7.21M | PKR 6.30M | +14.4% |
| Gross Loss | PKR 7.59M | PKR 5.45M | +39.3% |
| Operating Loss | PKR 19.10M | PKR 31.77M | -39.9% |
| Cash and Cash Equivalents | PKR 6.55M | PKR 9.50M | -31.1% |
| Basic and Diluted Loss Per Share | PKR 4.21 | PKR 7.11 | -40.8% |
Amounts are in Pakistani rupees as stated in the filing (M = million, B = billion).
What the filing says
- Net loss decreased to Rs 23.97 million from Rs 40.44 million, showing some improvement but still indicating financial distress.
- Sales increased to Rs 7.21 million from Rs 6.30 million, a growth of 14.44%, but cost of sales exceeded revenue, leading to a gross loss.
- Cash and cash equivalents decreased to Rs 6.55 million from Rs 9.50 million at the beginning of the period, indicating liquidity concerns.
Pakistan Engineering Company Limited (PECO) on Nafa
Last price Rs 1,130.05 · Engineering · You can own PECO shares from your phone.
More PECO announcements
- NoticeTransmission of Quarterly Report for the Period Ended September 30, 2026
- NoticeChange of Chief Executive Officer/Managing Director
- Financial resultPakistan Engineering Company Ltd. reported a net loss of Rs 18.27 million for the periodFiled as: Financial Results for the Quarter Ended September 30, 2026
- NoticeCertified Resolution(s) passed at 77th Annual General Meeting of Pakistan Engineering Company Limited (PECO)
- NoticeBOARD MEETING - Financial Results - September 30, 2026
- NoticeTransmission of Annual Report for the Year Ended June 30, 2026
Source: Pakistan Engineering Company Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.