Magellan Aerospace Corporation announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was CAD 162.167 million compared to CAD 264.082 million a year ago. Operating income was CAD 11.093 million compared to CAD 29.053 million a year ago. Net income was CAD 6.103 million compared to CAD 21.716 million a year ago. Basic earnings per share was CAD 0.1 compared to CAD 0.37 a year ago. For the half year, sales was CAD 400.980 million compared to CAD 533.966 million a year ago. Operating income was CAD 38.127 million compared to CAD 56.016 million a year ago. Net income was CAD 26.177 million compared to CAD 42.125 million a year ago. Basic earnings per share was CAD 0.45 compared to CAD 0.72 a year ago.