Tuesday 31 January 2012

Financial result: Siemens Pakistan reports lower earnings | HALALTAMWEEL.COM

Financial result: Siemens Pakistan reports lower earnings

1/31/2012 10:49:06 AM


KARACHI: The net profits after tax of Siemens Pakistan (SIEM) reduced by 81 percent to Rs 38.45 million during the first quarter (Oct-Dec) against Rs 206.303 recorded in the same period last year.


The quarter remained difficult for the company as it failed to maintain the past financial performance due to several unfavorable factors.


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