Gharibwal Cement Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 2,956.682 million compared to PKR 3,030.183 million a year ago. Operating loss was PKR 20.399 million compared to operating Income of PKR 608.913 million a year ago. Net loss was PKR 9.810 million compared to net income of PKR 323.106 million a year ago. Basic loss per share was PKR 0.03 compared to basic earnings per share of PKR 0.81 a year ago. For the half year, sales was PKR 5,166.217 million compared to PKR 5,510.160 million a year ago. Operating loss was PKR 122.626 million compared to operating Income of PKR 1,092.958 million a year ago. Net loss was PKR 245.129 million compared to net income of PKR 593.061 million a year ago. Basic loss per share was PKR 0.62 compared to basic earnings per share of PKR 1.48 a year ago.