Illovo Sugar Malawi plc announced earnings results for the half year ended February 29, 2020. For the half year, the company announced sales was MWK 73,521 million compared to MWK 62,403 million a year ago. Operating income was MWK 4,988 million compared to MWK 14,326 million a year ago. Net income was MWK 2,049 million compared to MWK 8,123 million a year ago. Basic earnings per share was MWK 2.87 compared to MWK 11.39 a year ago.