First Treet Manufacturing Modaraba Limited Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended December 31, 2018
First Treet Manufacturing Modaraba Limited announced unaudited earnings results for the second quarter and six months ended December 31, 2018. For the six months, the company reported sales – net of PKR 2,011,439,000 against PKR 1,282,299,000 for the same period a year ago. Operating loss was PKR 953,984,000 against profit of PKR 96,788,000 for the same period a year ago. Net loss was PKR 1,020,009,000 against profit of PKR 77,207,000 for the same period a year ago. Loss per certificate were PKR 5.21 against earnings of PKR 0.39 for the same period a year ago.
For the quarter, the company reported sales – net of PKR 986,918,000 against PKR 593,373,000 for the same period a year ago. Operating loss was PKR 701,648,000 against profit was PKR 38,181,000 for the same period a year ago. Net loss was PKR 771,476,000 against profit of PKR 21,185,000 for the same period a year ago. Loss per certificate were PKR 3.94 against earnings of PKR 0.11 for the same period a year ago.