Pakistan Engineering Company Ltd. reported a net loss of Rs 171.21 million for the nine months ended March 31, 2022

Filed as: Financial Results for the Quarter Ended March 31, 2022

PECOPakistan Engineering Company LimitedPECO · EngineeringFinancial resultFiled Pakistan time

Summary

Pakistan Engineering Company Ltd. reported a net loss of Rs 171.21 million for the nine months ended March 31, 2022, with significant declines in revenue and gross profit.

Read the original filing

Figures in the filing

ItemThis periodPeriod beforeChange
Net LossPKR 171.21 MPKR 262.68 M-34.8%
RevenuePKR 110.26 MPKR 168.49 M-34.5%
Gross LossPKR 118.77 MPKR 132.40 M-10.3%
Cash and Cash EquivalentsPKR 189.27 MPKR 44.58 M+324.6%
Basic and Diluted Loss Per SharePKR 30.09PKR 46.16-34.8%

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 171.21 million, compared to a loss of Rs 262.68 million in the prior period, indicating a reduction in losses.
  • Revenue for the nine months was Rs 110.26 million, a decrease from Rs 168.49 million in the prior period, reflecting a significant decline in sales.
  • Gross loss was Rs 118.77 million, compared to a gross loss of Rs 132.40 million in the prior period, showing a slight improvement.

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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.