Shams Textile Mills Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 1,552.060 million compared to PKR 1,285.197 million a year ago. Operating income was PKR 14.358 million compared to PKR 26.011 million a year ago. Net loss was PKR 24.287 million compared to PKR 1.551 million a year ago. Basic loss per share was PKR 2.81 compared to PKR 0.18 a year ago. For the nine months, sales was PKR 3,967.597 million compared to PKR 3,584.921 million a year ago. Operating income was PKR 36.085 million compared to PKR 65.077 million a year ago. Net loss was PKR 65.384 million compared to PKR 20.007 million a year ago. Basic loss per share was PKR 7.57 compared to PKR 2.32 a year ago.