Jubilee Spinning & Weaving Mills Limited announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was PKR 4.910 million compared to PKR 9.538 million a year ago. Operating income was PKR 5.335 million compared to PKR 9.680 million a year ago. Net income was PKR 2.925 million compared to PKR 5.836 million a year ago. Basic earnings per share was PKR 0.09 compared to PKR 0.18 a year ago. For the half year, sales was PKR 12.708 million compared to PKR 19.064 million a year ago. Operating income was PKR 12.925 million compared to PKR 21.087 million a year ago. Net income was PKR 8.440 million compared to PKR 15.250 million a year ago. Basic earnings per share was PKR 0.26 compared to PKR 0.47 a year ago.