Popular Islamic Modaraba reported earnings results for the second quarter and six months ended December 31, 2016. The company reported income of PKR 8,967,298, operating loss of PKR 1,305,062, loss before taxation of PKR 968,417, loss after taxation of PKR 968,417 or PKR 0.10 per basic and diluted share against income of PKR 5,911,673, operating profit of PKR 1,330,319, profit before taxation of PKR 1,328,348, profit after taxation of PKR 1,328,348 or PKR 0.13 per basic and diluted share a year ago. For the six months, the company reported income of PKR 16,460,547, operating profit of PKR 602,882, profit before taxation of PKR 1,586,960, profit after taxation of PKR 1,586,960 or PKR 0.16 per basic and diluted share against income of PKR 10,678,736, operating profit of PKR 1,632,712, profit before taxation of PKR 1,797,723, profit after taxation of PKR 1,687,910 or PKR 0.17 per basic and diluted share a year ago.