First Equity Modaraba announced unaudited standalone earnings results for the second quarter and half year ended December 31, 2018. For the quarter, the company reported income of PKR 3,322,913 against PKR 3,991,498 a year ago. Operating loss was PKR 657,807 against PKR 339,569 a year ago. Loss for the period was PKR 643,643 against PKR 328,038 a year ago. Loss per certificate was PKR 0.012 against PKR 0.006 a year ago. For the half year, the company reported income of PKR 8,836,599 against PKR 9,762,238 a year ago. Operating loss was PKR 541,628 against a profit of PKR 521,919. Loss for the period was PKR 514,954 against a profit of PKR 570,066. Loss per certificate was PKR 0.010 against a earnings per certificate were 0.011.