Pioneer Cement Limited announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced operating income was PKR 489.961 million compared to PKR 518.740 million a year ago. Net income was PKR 268.993 million compared to PKR 319.970 million a year ago. Basic earnings per share was PKR 1.18 compared to PKR 1.41 a year ago. For the half year, operating income was PKR 906.235 million compared to PKR 1,134.532 million a year ago. Net income was PKR 526.961 million compared to PKR 737.194 million a year ago. Basic earnings per share was PKR 2.32 compared to PKR 3.25 a year ago.