Crescent Steel and Allied Products Limited reported unaudited unconsolidated and consolidated earnings results for the second quarter and six months ended December 31, 2017. For the quarter, on unconsolidated basis, reported sales-net of PKR 2,788,132,000 compared to PKR 3,060,081,000 a year ago. Income from investments was PKR 229,228,000 compared to income from investments of PKR 69,141,000 a year ago. Operating profit before finance costs was PKR 598,707,000 compared to PKR 729,962,000 a year ago. Profit before taxation was PKR 527,651,000 compared to PKR 691,764,000 a year ago. Profit was PKR 415,368,000 or PKR 5.35 per basic and diluted share compared to PKR 515,661,000 or PKR 6.64 per basic and diluted share a year ago. For the six months, on unconsolidated basis, reported sales-net of PKR 6,091,718,000 compared to PKR 5,580,643,000 a year ago. Income from investments was PKR 451,965,000 compared to income from investments of PKR 243,311,000 a year ago. Operating profit before finance costs was PKR 1,203,887,000 compared to PKR 1,268,031,000 a year ago. Profit before taxation was PKR 1,053,567,000 compared to PKR 1,171,277,000 a year ago. Profit was PKR 837,540,000 or PKR 10.79 per basic and diluted share compared to PKR 890,633,000 or PKR 11.47 per basic and diluted share a year ago. For the quarter, on consolidated basis, reported sales-net of PKR 3,038,189,000 compared to PKR 3,494,658,000 a year ago. Loss from investments was PKR 31,238,000 compared to income from investments of PKR 134,883,000 a year ago. Operating profit before finance costs was PKR 250,299,000 compared to PKR 679,877,000 a year ago. Profit before taxation was PKR 77,215,000 compared to PKR 708,589,000 a year ago. Loss was PKR 24,055,000 or PKR 0.31 per basic and diluted share compared to profit of PKR 515,155,000 or PKR 6.64 per basic and diluted share a year ago. For the six months, on consolidated basis, reported sales-net of PKR 7,121,570,000 compared to PKR 6,155,163,000 a year ago. Loss from investments was PKR 66,732,000 compared to income from investments of PKR 201,011,000 a year ago. Operating profit before finance costs was PKR 476,480,000 compared to PKR 993,652,000 a year ago. Profit before taxation was PKR 258,032,000 compared to PKR 1,012,533,000 a year ago. Profit was PKR 65,530,000 or PKR 0.84 per basic and diluted share compared to PKR 716,573,000 or PKR 9.23 per basic and diluted share a year ago.