Ittefaq Iron Industries Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 825.634 million compared to PKR 1,759.091 million a year ago. Net loss was PKR 49.364 million compared to net income of PKR 64.245 million a year ago. Basic loss per share was PKR 0.34 compared to basic earnings per share of PKR 0.45 a year ago. For the nine months, sales was PKR 2,272.153 million compared to PKR 4,892.836 million a year ago. Net loss was PKR 202.382 million compared to net income of PKR 200.802 million a year ago. Basic loss per share was PKR 1.4 compared to basic earnings per share of PKR 1.39 a year ago.