Pace (Pakistan) Limited reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was PKR 62.67 million compared to PKR 43.04 million a year ago. Net loss was PKR 1,088.62 million compared to PKR 84.85 million a year ago. Basic loss per share from continuing operations was PKR 3.91 compared to PKR 0.31 a year ago.
For the nine months, sales was PKR 204 million compared to PKR 755.28 million a year ago. Net loss was PKR 1,516.42 million compared to PKR 308.31 million a year ago. Basic loss per share from continuing operations was PKR 5.44 compared to PKR 1.11 a year ago.