Javedan Corporation Limited reported earnings results for the second quarter and six months ended December 31, 2021. For the second quarter, the company reported sales was PKR 40.54 million compared to PKR 304.94 million a year ago. Net loss was PKR 176.8 million compared to net income of PKR 77.53 million a year ago. Basic loss per share from continuing operations was PKR 0.46 compared to basic earnings per share from continuing operations of PKR 0.2 a year ago. Diluted loss per share from continuing operations was PKR 0.46 compared to diluted earnings per share from continuing operations of PKR 0.2 a year ago.
For the six months, sales was PKR 69.75 million compared to PKR 583.04 million a year ago. Net loss was PKR 285.41 million compared to net income of PKR 113.35 million a year ago. Basic loss per share from continuing operations was PKR 0.75 compared to basic earnings per share from continuing operations of PKR 0.3 a year ago. Diluted loss per share from continuing operations was PKR 0.75 compared to diluted earnings per share from continuing operations of PKR 0.3 a year ago.