Ittefaq Iron Industries Limited announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced sales was PKR 1,379.959 million compared to PKR 626.448 million a year ago. Net income was PKR 74.610 million compared to net loss of PKR 146.782 million a year ago. Basic earnings per share from continuing operations was PKR 0.52 compared to basic loss per share from continuing operations of PKR 1.02 a year ago. For the half year, sales was PKR 2,556.365 million compared to PKR 1,446.518 million a year ago. Net income was PKR 112.303 million compared to net loss of PKR 153.017 million a year ago. Basic earnings per share from continuing operations was PKR 0.78 compared to basic loss per share from continuing operations of PKR 1.06 a year ago.