Shams Textile Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 1,568.462 million compared to PKR 1,300.771 million a year ago. Operating loss was PKR 3.031 million compared to operating Income of PKR 13.694 million a year ago. Net loss was PKR 41.679 million compared to PKR 23.706 million a year ago. Basic loss per share was PKR 4.82 compared to PKR 2.74 a year ago. For the half year, sales was PKR 2,415.537 million compared to PKR 2,299.724 million a year ago. Operating income was PKR 21.727 million compared to PKR 39.066 million a year ago. Net loss was PKR 41.097 million compared to PKR 18.456 million a year ago. Basic loss per share was PKR 4.76 compared to PKR 2.14 a year ago.