First Punjab Modaraba reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PKR 16.72 million compared to PKR 37.5 million a year ago. Revenue was PKR 67.35 million compared to PKR 58.43 million a year ago. Net loss was PKR 4.93 million compared to net income of PKR 5.23 million a year ago. Basic loss per share from continuing operations was PKR 0.15 compared to basic earnings per share from continuing operations of PKR 0.15 a year ago.
For the six months, sales was PKR 38.76 million compared to PKR 52.53 million a year ago. Revenue was PKR 130.61 million compared to PKR 91.37 million a year ago. Net loss was PKR 21.02 million compared to net income of PKR 10.89 million a year ago. Basic loss per share from continuing operations was PKR 0.62 compared to basic earnings per share from continuing operations of PKR 0.32 a year ago.