Pakistan Engineering Company Ltd. reported a net loss of Rs 37.03 million for the six months ended December 31, 2024
Filed as: Financial Results for the Quarter Ended December 31, 2024
Summary
Pakistan Engineering Company Ltd. reported a net loss of Rs 37.03 million for the six months ended December 31, 2024, with a significant decline in revenue and continued operating losses.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net Loss | PKR 37.03 million | PKR 56.69 million | -34.7% |
| Revenue | PKR 26.70 million | PKR 12.83 million | +108.1% |
| Operating Loss | PKR 33.09 million | PKR 45.85 million | -27.8% |
| Gross Loss | PKR 12.47 million | PKR 7.50 million | +66.3% |
| Basic and Diluted Loss Per Share | PKR 6.51 | PKR 9.96 | -34.5% |
Amounts are in Pakistani rupees as stated in the filing (M = million, B = billion).
What the filing says
- The company reported a net loss of Rs 37.03 million, an improvement from the prior period's loss of Rs 56.69 million.
- Revenue for the period was Rs 26.70 million, showing a substantial increase from Rs 12.83 million in the prior period.
- Operating loss stood at Rs 33.09 million, compared to a loss of Rs 45.85 million in the previous period.
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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.