Island Textile Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 2,075.934 million compared to PKR 1,581.492 million a year ago. Net loss was PKR 1.404 million compared to net income of PKR 44.550 million a year ago. Basic loss per share was PKR 2.81 compared to basic earnings per share of PKR 89.1 a year ago. For the half year, sales was PKR 4,009.345 million compared to PKR 3,027.517 million a year ago. Net loss was PKR 93.707 million compared to net income of PKR 193.962 million a year ago. Basic loss per share was PKR 187.41 compared to basic earnings per share of PKR 387.93 a year ago.