First National Equities Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported negative revenue was PKR 0.940591 million compared to revenue of PKR 9.4 million a year ago. Net loss was PKR 30.96 million compared to net income of PKR 72.51 million a year ago. Basic loss per share from continuing operations was PKR 0.12 compared to basic earnings per share from continuing operations of PKR 0.27 a year ago.
For the six months, negative revenue was PKR 0.947924 million compared to revenue of PKR 24.4 million a year ago. Net loss was PKR 39.66 million compared to net income of PKR 70.15 million a year ago. Basic loss per share from continuing operations was PKR 0.15 compared to basic earnings per share from continuing operations of PKR 0.26 a year ago.