Ellcot Spinning Mills Limited announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was PKR 1,546.475 million compared to PKR 1,310.768 million a year ago. Operating income was PKR 94.029 million compared to PKR 51.093 million a year ago. Net income was PKR 18.936 million compared to PKR 28.163 million a year ago. Basic earnings per share was PKR 1.73 compared to PKR 2.57 a year ago. For the half year, sales was PKR 3,015.032 million compared to PKR 2,500.922 million a year ago. Operating income was PKR 202.472 million compared to PKR 89.185 million a year ago. Net income was PKR 62.590 million compared to PKR 46.088 million a year ago. Basic earnings per share was PKR 5.72 compared to PKR 4.21 a year ago.