Siemens (Pakistan) Engineering Co. Ltd. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was PKR 9,576.23 million compared to PKR 4,816.6 million a year ago. Net loss was PKR 480.68 million compared to net income of PKR 2,931.44 million a year ago. Basic loss per share from continuing operations was PKR 58.29 compared to basic earnings per share from continuing operations of PKR 353.87 a year ago. Basic loss per share was PKR 58.29 compared to basic earnings per share of PKR 355.45 a year ago.
For the six months, sales was PKR 19,123.67 million compared to PKR 9,722.74 million a year ago. Net loss was PKR 1,567.63 million compared to net income of PKR 2,467.27 million a year ago. Basic loss per share from continuing operations was PKR 190.08 compared to basic earnings per share from continuing operations of PKR 307.37 a year ago. Basic loss per share was PKR 190.08 compared to basic earnings per share of PKR 299.17 a year ago.