Colony Textile Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 5,540.440 million compared to PKR 5,405.032 million a year ago. Operating income was PKR 462.990 million compared to PKR 148.582 million a year ago. Net income was PKR 225.600 million compared to PKR 445.969 million a year ago. Basic earnings per share was PKR 0.45 compared to PKR 0.9 a year ago. For the half year, sales was PKR 9,355.355 million compared to PKR 10,057.557 million a year ago. Operating income was PKR 405.217 million compared to PKR 403.993 million a year ago. Net income was PKR 471,000 compared to PKR 461.826 million a year ago. Basic earnings per share was PKR 0.01 compared to PKR 0.93 a year ago.