Shams Textile Mills Limited announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was PKR 1,300.771 million compared to PKR 1,309.866 million a year ago. Operating income was PKR 13.694 million compared to PKR 63.443 million a year ago. Net loss was PKR 23.706 million compared to net income of PKR 27.585 million a year ago. Basic loss per share was PKR 2.74 compared to basic earnings per share of PKR 3.19 a year ago. For the half year, sales was PKR 2,299.724 million compared to PKR 2,273.910 million a year ago. Operating income was PKR 39.066 million compared to PKR 61.981 million a year ago. Net loss was PKR 18.456 million compared to net income of PKR 2.023 million a year ago. Basic loss per share was PKR 2.14 compared to basic earnings per share of PKR 0.23 a year ago.