Crescent Steel and Allied Products Limited announced unaudited unconsolidated and consolidated earnings results for the second quarter and six months ended December 31, 2018. For the quarter, on unconsolidated basis, the company reported sales of PKR 1,343,507,000 compared to PKR 3,237,709,000 a year ago. Operating loss before finance costs was PKR 69,246,000 compared to operating profit before finance costs of PKR 598,707,000 a year ago. Loss for the period was PKR 119,893,000 compared to profit for the period of PKR 415,368,000 a year ago. Basic and diluted loss per share was PKR 1.54 compared to basic and diluted earnings per share of PKR 5.35 a year ago. For the six months, on unconsolidated basis, the company reported sales of PKR 3,194,818,000 compared to PKR 7,100,679,000 a year ago. Operating loss before finance costs was PKR 2,959,000 compared to operating profit before finance costs of PKR 1,203,887,000 a year ago. Loss for the period was PKR 115,673,000 compared to profit for the period of PKR 837,540,000 a year ago. Basic and diluted loss per share was PKR 1.49 compared to basic and diluted earnings per share of PKR 10.79 a year ago. For the quarter, on consolidated basis, the company reported sales of PKR 1,998,057,000 compared to PKR 3,530,321,000 a year ago. Operating loss before finance costs was PKR 128,850,000 compared to operating profit before finance costs of PKR 250,299,000 a year ago. Profit for the period was PKR 1,481,000 compared to loss for the period of PKR 24,055,000 a year ago. Basic and diluted earnings per share was PKR 0.02 compared to basic and diluted loss per share of PKR 0.31 a year ago. For the six months, on consolidated basis, the company reported sales of PKR 5,032,570,000 compared to PKR 8,305,606,000 a year ago. Operating loss before finance costs was PKR 217,178,000 compared to operating profit before finance costs of PKR 476,480,000 a year ago. Loss for the period was PKR 63,140,000 compared to profit for the period of PKR 65,530,000 a year ago. Basic and diluted loss per share was PKR 0.81 compared to basic and diluted earnings per share of PKR 0.84 a year ago.