Ellcot Spinning Mills Limited announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced sales was PKR 1,705.438 million compared to PKR 1,737.489 million a year ago. Operating income was PKR 170.992 million compared to PKR 156.404 million a year ago. Net income was PKR 113.874 million compared to PKR 56.121 million a year ago. Basic earnings per share from continuing operations was PKR 10.4 compared to PKR 5.13 a year ago. For the half year, sales was PKR 3,258.763 million compared to PKR 3,178.103 million a year ago. Operating income was PKR 252.343 million compared to PKR 301.605 million a year ago. Net income was PKR 146.416 million compared to PKR 147.566 million a year ago. Basic earnings per share from continuing operations was PKR 13.37 compared to PKR 13.48 a year ago.