Habib Sugar Mills Limited announced earnings results for the second quarter ended March 31, 2020. For the second quarter, the company announced sales was PKR 2,026.953 million compared to PKR 1,717.896 million a year ago. Operating income was PKR 260.576 million compared to PKR 261.180 million a year ago. Net income was PKR 241.667 million compared to PKR 242.218 million a year ago. Basic earnings per share was PKR 1.61 compared to PKR 1.61 a year ago. For the half year, sales was PKR 4,357.054 million compared to PKR 3,118.429 million a year ago. Operating income was PKR 311.586 million compared to PKR 516.145 million a year ago. Net income was PKR 385.783 million compared to PKR 511.531 million a year ago. Basic earnings per share was PKR 2.57 compared to PKR 3.41 a year ago.