Crescent Cotton Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 1,590.827 million compared to PKR 1,786.890 million a year ago. Operating income was PKR 34.336 million compared to operating loss of PKR 8.126 million a year ago. Net income was PKR 17.207 million compared to net loss of PKR 49.212 million a year ago. Basic earnings per share was PKR 0.76 compared to basic loss per share of PKR 2.17 a year ago. For the half year, sales was PKR 3,236.021 million compared to PKR 3,514.377 million a year ago. Operating income was PKR 74.169 million compared to PKR 728,000 a year ago. Net income was PKR 6.847 million compared to net loss of PKR 77.915 million a year ago. Basic earnings per share was PKR 0.3 compared to basic loss per share of PKR 3.44 a year ago.