Karachi: Siemens (Pakistan) Engineering Company Limited has announced a substantial financial turnaround for the quarter ending June 30, 2025. The company's Board of Directors, in a meeting held in Munich, Germany on July 24, 2025, approved the un-audited condensed interim financial statements, showcasing marked improvements in profitability.

For the nine-month period ending June 30, 2025, Siemens Pakistan reported net sales and services of 6.46 billion rupees, which reflects a minor move compared to the same period last year. The cost of sales and services stood at 5.32 billion rupees, resulting in a gross profit of 1.14 billion rupees, which represents a big move as compared to the previous year.

During the three-month period ending June 30, 2025, the company reported net sales and services amounting to 3.17 billion rupees, evidencing a very large or significant move compared to the same period in 2024. The cost of sales and services for the quarter was 2.71 billion rupees, leading to a gross profit of 458.14 million rupees, classified as a big move from the corresponding quarter last year.

Marketing and selling expenses for the quarter were reported at 274.77 million rupees, while general administrative expenses were 22.17 million rupees. Despite a net other operating expense of 16.02 million rupees, the operating profit for the quarter was 125.73 million rupees, indicating a big move from the previous year.

Financial income for the three-month period was recorded at 138.16 million rupees, contributing to a net financial income of 126.74 million rupees. Profit before levy and income tax from continuing operations was 252.47 million rupees, reflecting a moderate move from the previous year.

According to information available from the Pakistan Stock Exchange (PSX), the profit before income tax from continuing operations for the quarter was 221.58 million rupees. After accounting for income tax of 35.85 million rupees, the profit for the period from continuing operations was 185.73 million rupees.

Discontinued operations reported no profit or loss for the quarter, but the net profit for the period was 185.73 million rupees, a big move from the comparable quarter in 2024. Basic and diluted earnings per share from continuing operations stood at 22.52 rupees, demonstrating a very large or significant move compared to the previous year's quarter.

The company's financial results will be transmitted through the PUCARS system within the specified timeframe, as per the designated market category.