K-Electric Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was PKR 111,131.19 million compared to PKR 103,297.26 million a year ago. Revenue was PKR 111,131.19 million compared to PKR 103,297.26 million a year ago. Net loss was PKR 10,728.29 million compared to net income of PKR 395.11 million a year ago. Basic loss per share from continuing operations was PKR 0.39 compared to basic earnings per share from continuing operations of PKR 0.01 a year ago.
For the six months, sales was PKR 265,715.15 million compared to PKR 217,468.98 million a year ago. Revenue was PKR 265,715.15 million compared to PKR 217,468.98 million a year ago. Net loss was PKR 27,081.17 million compared to net income of PKR 3,279.98 million a year ago. Basic loss per share from continuing operations was PKR 0.98 compared to basic earnings per share from continuing operations of PKR 0.12 a year ago.