Cherat Packaging Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 2,598.058 million compared to PKR 2,071.235 million a year ago. Operating income was PKR 249.092 million compared to PKR 360.110 million a year ago. Net income was PKR 16.697 million compared to PKR 265.563 million a year ago. Basic earnings per share was PKR 0.39 compared to PKR 6.25 a year ago. For the half year, sales was PKR 4,974.620 million compared to PKR 3,804.620 million a year ago. Operating income was PKR 482.099 million compared to PKR 724.161 million a year ago. Net income was PKR 39.086 million compared to PKR 491.383 million a year ago. Basic earnings per share was PKR 0.92 compared to PKR 11.56 a year ago.