Ellcot Spinning Mills Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 1,685.115 million compared to PKR 1,741.364 million a year ago. Operating income was PKR 158.509 million compared to PKR 92.764 million a year ago. Net income was PKR 94.125 million compared to PKR 13.778 million a year ago. Basic earnings per share was PKR 8.6 compared to PKR 1.26 a year ago. For the nine months, sales was PKR 4,863.218 million compared to PKR 4,756.396 million a year ago. Operating income was PKR 460.115 million compared to PKR 295.236 million a year ago. Net income was PKR 241.692 million compared to PKR 76.369 million a year ago. Basic earnings per share was PKR 22.07 compared to PKR 6.97 a year ago.