Amreli Steels Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 7,555.356 million compared to PKR 6,394.866 million a year ago. Operating income was PKR 253.989 million compared to PKR 358.395 million a year ago. Net loss was PKR 232.420 million compared to net income of PKR 107.745 million a year ago. Basic loss per share was PKR 0.78 compared to basic earnings per share of PKR 0.36 a year ago. For the half year, sales was PKR 13,642.337 million compared to PKR 12,317.227 million a year ago. Operating income was PKR 624.736 million compared to PKR 987.633 million a year ago. Net loss was PKR 313.479 million compared to net income of PKR 516.333 million a year ago. Basic loss per share was PKR 1.06 compared to basic earnings per share of PKR 1.74 a year ago.