First Punjab Modaraba announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced operating income was PKR 1.170 million compared to PKR 5.629 million a year ago. Net income was PKR 2.512 million compared to PKR 5.924 million a year ago. Basic earnings per share was PKR 0.07 compared to PKR 0.17 a year ago. For the half year, operating income was PKR 4.330 million compared to PKR 6.245 million a year ago. Net income was PKR 10.306 million compared to PKR 8.633 million a year ago. Basic earnings per share was PKR 0.3 compared to PKR 0.25 a year ago.