Ghazi Fabrics International Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 1,449.000 million compared to PKR 1,188.176 million a year ago. Operating income was PKR 42.344 million compared to PKR 23.144 million a year ago. Net loss was PKR 32.243 million compared to net income of PKR 158,385 a year ago. Basic loss per share was PKR 0.988 compared to basic earnings per share of PKR 0.005 a year ago. For the half year, sales was PKR 2,448.608 million compared to PKR 2,288.013 million a year ago. Operating income was PKR 7.352 million compared to PKR 28.042 million a year ago. Net loss was PKR 118.390 million compared to PKR 41.583 million a year ago. Basic loss per share was PKR 3.63 compared to PKR 1.27 a year ago.