Dewan Farooque Motors Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 0.01 million compared to PKR 0.002 million a year ago. Revenue was PKR 0.008 million compared to PKR 0.002 million a year ago. Net loss was PKR 84.88 million compared to PKR 80.25 million a year ago. Basic loss per share from continuing operations was PKR 0.61 compared to PKR 0.58 a year ago.
For the six months, sales was PKR 0.03 million compared to PKR 0.055 million a year ago. Revenue was PKR 0.025 million compared to PKR 0.047 million a year ago. Net loss was PKR 140.26 million compared to PKR 185.34 million a year ago. Basic loss per share from continuing operations was PKR 1.01 compared to PKR 1.34 a year ago.