Pakistan Engineering Company Limited announced financial results for the quarter and nine months ended March 31,2018. For the quarter, the company reported net sales of PKR 469,147,000 against PKR 416,420,000 for the same period a year ago. Loss before taxation for the period was PKR 20,595,000 against profit of PKR 32,891,000 for the same period a year ago. Loss after taxation for the period was PKR 19,052,000 against profit of PKR 23,511,000 for the same period a year ago. Basic and diluted loss per share was PKR 3.35 per share against earnings of PKR 4.13 per share for the same period a year ago. For the nine months, the company reported net sales of PKR 1,214,957,000 against PKR 962,917,000 for the same period a year ago. Loss before taxation for the period was PKR 31,488,000 against profit of PKR 58,104,000 for the same period a year ago. Loss after taxation for the period was PKR 22,067,000 against profit of PKR 52,530,000 for the same period a year ago. Basic and diluted loss per share was PKR 3.88 per share against earnings of PKR 9.23 per share for the same period a year ago.