Island Textile Mills Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 1,658.262 million compared to PKR 1,904.460 million a year ago. Net loss was PKR 35.107 million compared to PKR 17.976 million a year ago. Basic loss per share was PKR 70.21 compared to PKR 35.95 a year ago. For the nine months, sales was PKR 5,667.607 million compared to PKR 4,931.977 million a year ago. Net loss was PKR 128.814 million compared to net income of PKR 175.986 million a year ago. Basic loss per share was PKR 257.63 compared to basic earnings per share of PKR 351.97 a year ago.