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Pakistan Engineering Company’s quarter ended March 31, 2019 results show sales of Rs. 18.400 million and a loss after taxation of Rs. 12.523 million. The loss narrowed year on year from Rs. 19.052 million, but sales fell sharply from Rs. 469.147 million and the company remained loss-making.
| Metric | PreviousQuarter ended March 31, 2018 | CurrentQuarter ended March 31, 2019 | Change |
|---|---|---|---|
| Sales | 469,147 | 18,400 | -96.1% |
| Gross (loss) | 6,845 | 3,871 | -43.4% |
| Operating (loss) | (16,288) | (12,805) | +21.4% |
| (Loss) after taxation | (19,052) | (12,523) | +34.3% |
| Basic and diluted loss per share – Rs per share | (3.35) | (2.20) | +34.3% |
| Finance cost | (4,307) | (2,015) | +53.2% |
| Cash and bank balances | 38,108 | 16,014 | -58% |
| Short term borrowing - secured | 61,494 | 71,556 | +16.4% |
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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