Pakistan Engineering Company Ltd. reported a significant net loss of Rs 262.68 million for the nine months ended March 31, 2021
Filed as: Financial Results for the Quarter Ended March 31, 2021
Summary
Pakistan Engineering Company Ltd. reported a significant net loss of Rs 262.68 million for the nine months ended March 31, 2021, with a decline in sales and continued operating losses.
Read the original filingFigures in the filing
| Item | This period | Period before | Change |
|---|---|---|---|
| Net Loss | PKR 262.68 M | PKR 236.42 M | -11.1% |
| Sales | PKR 168.49 M | PKR 175.58 M | -4.0% |
| Operating Loss | PKR 224.54 M | PKR 199.31 M | -12.7% |
| Gross Loss | PKR 132.40 M | PKR 184.13 M | +28.1% |
| Basic and Diluted Loss Per Share | PKR 46.16 | PKR 41.55 | -11.1% |
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 262.68 million, worsening from a net loss of Rs 236.42 million in the prior period.
- Sales decreased to Rs 168.49 million from Rs 175.58 million, indicating a decline of 4.04%.
- Operating loss increased to Rs 224.54 million from Rs 199.31 million, reflecting operational challenges.
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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.