Fazal Cloth Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 10,664.909 million compared to PKR 9,667.647 million a year ago. Operating income was PKR 1,060.958 million compared to PKR 1,121.731 million a year ago. Net income was PKR 94.955 million compared to PKR 464.817 million a year ago. Basic earnings per share was PKR 3.17 compared to PKR 15.49 a year ago. For the half year, sales was PKR 20,234.458 million compared to PKR 18,060.289 million a year ago. Operating income was PKR 2,316.880 million compared to PKR 2,148.476 million a year ago. Net income was PKR 481.144 million compared to PKR 938.917 million a year ago. Basic earnings per share was PKR 16.04 compared to PKR 31.3 a year ago.