Siemens (Pakistan) Engineering Co. Ltd. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was PKR 4,046.67 million compared to PKR 5,060.19 million a year ago. Net loss was PKR 513.53 million compared to net income of PKR 496.4 million a year ago. Basic loss per share from continuing operations was PKR 23.5 compared to basic earnings per share from continuing operations of PKR 62.24 a year ago. Basic loss per share was PKR 62.27 compared to basic earnings per share of PKR 60.19 a year ago.
For the nine months, sales was PKR 14,417.27 million compared to PKR 13,356.93 million a year ago. Net income was PKR 1,953.74 million compared to PKR 1,174.45 million a year ago. Basic earnings per share from continuing operations was PKR 283.87 compared to PKR 149.29 a year ago. Basic earnings per share was PKR 236.9 compared to PKR 142.41 a year ago.