Cherat Cement Company Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 5,031.111 million compared to PKR 3,692.022 million a year ago. Operating income was PKR 326.229 million compared to PKR 552.847 million a year ago. Net loss was PKR 221.596 million compared to net income of PKR 596.318 million a year ago. Basic loss per share was PKR 1.14 compared to basic earnings per share of PKR 3.07 a year ago. For the half year, sales was PKR 9,511.621 million compared to PKR 7,032.961 million a year ago. Operating income was PKR 369.209 million compared to PKR 955.724 million a year ago. Net loss was PKR 560.109 million compared to net income of PKR 1,027.429 million a year ago. Basic loss per share was PKR 2.88 compared to basic earnings per share of PKR 5.29 a year ago.