Pakistan Engineering Company Limited announced earnings results for the second quarter and half year ended December 31, 2016. For the quarter, the company reported net sales of PKR 250.045 million against PKR 397.857 million reported in the same period a year ago. Operating profit was PKR 11.452 million against PKR 37.669 million reported a year ago. Profit before tax was PKR 7.285 million against PKR 33.952 million reported a year ago. Profit after tax was PKR 14.237 million or PKR 2.50 per share against PKR 18.011 million or PKR 3.17 per share reported a year ago. For the half year, the company reported net sales of PKR 546.497 million against PKR 713.074 million reported in the same period a year ago. Operating profit was PKR 34.019 million against PKR 67.811 million reported a year ago. Profit before tax was PKR 25.213 million against PKR 60.120 million reported a year ago. Profit after tax was PKR 29.019 million or PKR 5.10 per share against PKR 41.027 million or PKR 7.21 per share reported a year ago.