Pakistan Engineering Company Limited announced earnings results for the second quarter and half year ended December 31, 2015. For the quarter, the company reported net sales of PKR 397.857 million against PKR 160.991 million reported in the same period a year ago. Profit from operations was PKR 40.818 million against PKR 1.163 million reported a year ago. Profit before tax was PKR 33.952 million against PKR 0.079 million reported a year ago. Profit after tax was PKR 18.011 million or PKR 3.17 per share against loss after tax of PKR 6.302 million or PKR 1.11 per share reported a year ago.

For the half year, the company reported net sales of PKR 713.074 million against PKR 340.982 million reported in the same period a year ago. Profit from operations was PKR 71.242 million against PKR 15.127 million reported a year ago. Profit before tax was PKR 60.120 million against PKR 14.425 million reported a year ago. Profit after tax was PKR 41.027 million or PKR 7.21 per share against PKR 8.044 million or PKR 1.41 per share reported a year ago. .