Pakistan Engineering Company Limited announced earnings results for the third quarter and nine months ended March 31, 2016. For the quarter, the company reported net sales of PKR 746.903 million against PKR 111.203 million a year ago. Operating profit was PKR 113.960 million against PKR 8.181 million a year ago. Profit before tax was PKR 110.322 million against PKR 2.190 million a year ago. Profit after tax was PKR 79.843 million or PKR 14.03 per share against PKR 1.078 million or PKR 0.19 per share a year ago.

For the nine months, the company reported net sales of PKR 1,459.977 million against PKR 452.185 million a year ago. Operating profit was PKR 181.771 million against PKR 33.185 million a year ago. Profit before tax was PKR 170.442 million against PKR 16.614 million a year ago. Profit after tax was PKR 120.870 million or PKR 21.24 per share against PKR 9.121 million or PKR 1.60 basic and diluted per share a year ago.