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KARACHI: Pak Elektron Ltd (PEL) posted consolidated profit after tax at Rs1.37 billion for 2018, translating into earnings per share (EPS) at Rs2.67.

The profit tumbled 58.6pc from Rs3.31bn and EPS at Rs6.56.

Net sales stood down by 8pc to Rs28.4bn, from Rs31.0bn while finance costs rose 40pc to Rs2.10bn, from Rs1.5bn.

Published in Dawn, April 5th, 2019