Siemens (Pakistan) Engineering Co. Ltd. reported earnings results for the first quarter ended December 31, 2022. For the first quarter, the company reported sales was PKR 5,352.72 million compared to PKR 3,586.28 million a year ago.

Net loss was PKR 464.17 million compared to net income of PKR 316.67 million a year ago. Basic loss per share from continuing operations was PKR 46.5 compared to basic earnings per share from continuing operations of PKR 40.75 a year ago. Basic loss per share was PKR 56.28 compared to basic earnings per share of PKR 38.4 a year ago.