Pakistan Cables Ltd. reported unaudited earnings results for the second quarter and six months ended December 31, 2011. For the quarter, net sales were PKR 1,330.34 million against PKR 1,096.93 million a year ago. Profit before taxation was PKR 35.76 million against PKR 27.82 million a year ago. Profit after taxation was PKR 12.26 million or PKR 0.43 per basic and diluted share against PKR 15.62 million or PKR 0.64 per basic and diluted share a year ago. For the six months, net sales were PKR 2,669.59 million against PKR 1,887.78 million a year ago. Profit before taxation was PKR 80.07 million against PKR 39.79 million a year ago. Profit after taxation was PKR 41.07 million or PKR 1.44 per basic and diluted share against PKR 23.59 million or PKR 1.03 per basic and diluted share a year ago. The company reported impairment loss on investment in associate of PKR 25.00 million for the second quarter ended December 31, 2011 compared with PKR 7.00 million for the same period last year.