Escorts Investment Bank Limited announced unaudited unconsolidated and consolidated earnings results for the second quarter and half year ended December 31, 2017. For the half year, on unconsolidated basis, the company's income was PKR 8,836,158 compared with PKR 26,816,378 a year ago. Operating loss before taxation was PKR 45,511,152 compared with PKR 37,340,465 a year ago. Loss before taxation was PKR 159,424,126 compared with PKR 37,340,465 a year ago. Net loss for the period was PKR 95,856,468 or PKR 2.17 per basic and diluted share compared with PKR 37,537,591 or PKR 0.85 per basic and diluted share a year ago. For the quarter, on unconsolidated basis, the company's income was PKR 3,753,906 compared with PKR 18,038,317 a year ago. Operating loss before taxation was PKR 20,225,855 compared with PKR 10,779,928 a year ago. Loss before taxation was PKR 134,322,834 compared with PKR 10,779,928 a year ago. Net loss for the period was PKR 70,755,176 or PKR 1.60 per basic and diluted share compared with PKR 10,948,531 or PKR 0.25 per basic and diluted share a year ago. For the half year, on consolidated basis, the company's income was PKR 6,853,540 compared with PKR 21,291,620 a year ago. Operating loss before provisions and taxation was PKR 50,272,394 compared with PKR 45,789,439 a year ago. Loss before taxation was PKR 143,485,368 compared with PKR 45,789,439 a year ago. Net loss for the period was PKR 79,917,710 or PKR 1.81 per basic and diluted share compared with PKR 46,007,037 or PKR 1.04 per basic and diluted share a year ago. For the quarter, on consolidated basis, the company's income was PKR 3,262,141 compared with PKR 15,605,807 a year ago. Operating loss before provisions and taxation was PKR 22,353,527 compared with PKR 14,897,430 a year ago. Loss before taxation was PKR 115,750,506 compared with PKR 14,897,430 a year ago. Net loss for the period was PKR 52,182,848 or PKR 1.18 per basic and diluted share compared with PKR 15,066,152 or PKR 0.34 per basic and diluted share a year ago.