Masood Textile Mills Limited announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced sales was PKR 7,956.462 million compared to PKR 7,666.218 million a year ago. Net income was PKR 68.416 million compared to PKR 257.808 million a year ago. Basic earnings per share from continuing operations was PKR 0.9 compared to PKR 3.64 a year ago. Diluted earnings per share from continuing operations was PKR 0.85 compared to PKR 3.45 a year ago. For the half year, sales was PKR 15,038.036 million compared to PKR 16,964.905 million a year ago. Net loss was PKR 126.338 million compared to net income of PKR 559.728 million a year ago. Basic loss per share from continuing operations was PKR 2.09 compared to basic earnings per share from continuing operations of PKR 7.94 a year ago. Diluted loss per share from continuing operations was PKR 1.91 compared to diluted earnings per share from continuing operations of PKR 7.39 a year ago.