Sakrand Sugar Mills Limited announced earnings results for the second quarter ended March 31, 2020. For the second quarter, the company announced sales was PKR 1,350.947 million compared to PKR 1,843.710 million a year ago. Operating loss was PKR 565.281 million compared to operating Income of PKR 295.100 million a year ago. Net loss was PKR 475.616 million compared to net income of PKR 179.933 million a year ago. Basic loss per share was PKR 10.66 compared to basic earnings per share of PKR 4.03 a year ago. For the half year, sales was PKR 1,965.878 million compared to PKR 2,135.707 million a year ago. Operating loss was PKR 428.479 million compared to operating Income of PKR 409.254 million a year ago. Net loss was PKR 380.224 million compared to net income of PKR 260.506 million a year ago. Basic loss per share was PKR 8.52 compared to basic earnings per share of PKR 5.84 a year ago.