Jubilee Spinning & Weaving Mills Limited announced earnings results for the first quarter ended September 30, 2020. For the first quarter, the company announced sales was PKR 808,371 compared to PKR 3.049 million a year ago. Operating income was PKR 1.617 million compared to PKR 2.785 million a year ago. Net loss was PKR 1.053 million compared to net income of PKR 2.314 million a year ago. Basic loss per share from continuing operations was PKR 0.03 compared to basic earnings per share from continuing operations of PKR 0.07 a year ago.