First Punjab Modaraba announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced net income was PKR 7.914 million compared to PKR 2.512 million a year ago. Basic earnings per share was PKR 0.23 compared to PKR 0.07 a year ago. For the half year, net income was PKR 1.738 million compared to PKR 10.306 million a year ago. Basic earnings per share was PKR 0.05 compared to PKR 0.3 a year ago.