Pace (Pakistan) 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 650.68 million compared to PKR 4.27 million a year ago. Net loss was PKR 104.32 million compared to net income of PKR 45.52 million a year ago. Basic loss per share from continuing operations was PKR 0.37 compared to basic earnings per share from continuing operations of PKR 0.16 a year ago.
For the six months, sales was PKR 712.23 million compared to PKR 93.84 million a year ago. Net loss was PKR 223.46 million compared to net income of PKR 28.35 million a year ago. Basic loss per share from continuing operations was PKR 0.8 compared to basic earnings per share from continuing operations of PKR 0.1 a year ago.