Merit Packaging Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 621.064 million compared to PKR 896.476 million a year ago. Operating loss was PKR 67.597 million compared to PKR 4.488 million a year ago. Net loss was PKR 178.910 million compared to PKR 42.514 million a year ago. Basic loss per share was PKR 2.22 compared to PKR 0.53 a year ago. For the half year, sales was PKR 1,107.697 million compared to PKR 1,512.135 million a year ago. Operating loss was PKR 151.753 million compared to PKR 37.768 million a year ago. Net loss was PKR 331.489 million compared to PKR 109.802 million a year ago. Basic loss per share was PKR 4.11 compared to PKR 1.36 a year ago.