Pace (Pakistan) 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 820.74 million compared to PKR 80.16 million a year ago. Net income was PKR 54.52 million compared to net loss of PKR 7.14 million a year ago. Basic earnings per share from continuing operations was PKR 0.2 compared to basic loss per share from continuing operations of PKR 0.03 a year ago.
For the six months, sales was PKR 881.33 million compared to PKR 141.33 million a year ago. Net loss was PKR 21.78 million compared to PKR 427.81 million a year ago. Basic loss per share from continuing operations was PKR 0.08 compared to PKR 1.53 a year ago.