Loads Limited Reports Earnings Results for the Second Quarter Ended December 31, 2018
Loads Limited announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was PKR 1,516.773 million compared to PKR 1,031.822 million a year ago. Operating income was PKR 112.785 million compared to PKR 86.140 million a year ago. Net loss was PKR 22.764 million compared to net income of PKR 48.304 million a year ago. Basic loss per share was PKR 0.15 compared to basic earnings per share of PKR 0.32 a year ago. For the half year, sales was PKR 3,089.945 million compared to PKR 2,190.126 million a year ago. Operating income was PKR 261.895 million compared to PKR 200.162 million a year ago. Net income was PKR 42.223 million compared to PKR 132.356 million a year ago. Basic earnings per share was PKR 0.28 compared to PKR 0.88 a year ago.