Shahtaj Sugar Mills Limited announced earnings results for the third quarter ended June 30, 2020. For the third quarter, the company announced sales was PKR 876.029 million compared to PKR 1,384.475 million a year ago. Operating income was PKR 3.766 million compared to PKR 129.774 million a year ago. Net loss was PKR 35.568 million compared to net income of PKR 59.881 million a year ago. Basic loss per share was PKR 2.96 compared to basic earnings per share of PKR 4.99 a year ago. For the nine months, sales was PKR 3,528.945 million compared to PKR 3,732.749 million a year ago. Operating income was PKR 108.062 million compared to PKR 123.380 million a year ago. Net loss was PKR 17.890 million compared to net income of PKR 3.776 million a year ago. Basic loss per share was PKR 1.49 compared to basic earnings per share of PKR 0.31 a year ago.