Ellcot Spinning Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 1,737.489 million compared to PKR 1,546.475 million a year ago. Operating income was PKR 156.404 million compared to PKR 94.029 million a year ago. Net income was PKR 56.121 million compared to PKR 18.936 million a year ago. Basic earnings per share was PKR 5.13 compared to PKR 1.73 a year ago. For the half year, sales was PKR 3,178.103 million compared to PKR 3,015.032 million a year ago. Operating income was PKR 301.605 million compared to PKR 202.472 million a year ago. Net income was PKR 147.566 million compared to PKR 62.590 million a year ago. Basic earnings per share was PKR 13.48 compared to PKR 5.72 a year ago.