Pakistan PVC Limited Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended March 31, 2018
Pakistan PVC Limited reported unaudited earnings results for the third quarter and nine months ended March 31, 2018. For the quarter, the company reported sales - net PKR 1,827,287 against PKR 1,920,542 a year ago. Loss before taxation was PKR 2,220,025 against PKR 4,036,948 a year ago. Loss for the period was PKR 3,024,386 against PKR 4,625,881 a year ago. Loss per basic and diluted share was PKR 0.20 against PKR 0.31 a year ago.
For the nine months, the company reported sales - net PKR 4,942,872 against PKR 5,791,588 a year ago. Loss before taxation was PKR 11,748,759 against PKR 14,795,476 a year ago. Loss for the period was PKR 13,672,541 against PKR 16,365,600 a year ago. Loss per basic and diluted share was PKR 0.91 against PKR 1.09 a year ago. Net cash used in operating activities was PKR 9,480,707 against PKR 7,982,484 a year ago.