Shahtaj Sugar Mills Limited announced earnings results for the second quarter ended March 31, 2020. For the second quarter, the company announced sales was PKR 1,984.973 million compared to PKR 1,868.956 million a year ago. Operating income was PKR 63.418 million compared to PKR 55.228 million a year ago. Net income was PKR 2.324 million compared to PKR 22.935 million a year ago. Basic earnings per share was PKR 0.19 compared to PKR 1.91 a year ago. For the half year, sales was PKR 2,652.916 million compared to PKR 2,348.274 million a year ago. Operating income was PKR 104.296 million compared to operating loss of PKR 6.394 million a year ago. Net income was PKR 17.678 million compared to net loss of PKR 56.105 million a year ago. Basic earnings per share was PKR 1.47 compared to basic loss per share of PKR 4.67 a year ago.