Masood Textile Mills Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 6,831.443 million compared to PKR 9,820.448 million a year ago. Net loss was PKR 2,119.802 million compared to net income of PKR 338.944 million a year ago. Basic loss per share was PKR 31.08 compared to basic earnings per share of PKR 4.88 a year ago. Diluted loss per share was PKR 28.59 compared to diluted earnings per share of PKR 4.54 a year ago. For the nine months, sales was PKR 23,796.348 million compared to PKR 25,526.589 million a year ago. Net loss was PKR 1,526.398 million compared to net income of PKR 874.422 million a year ago. Basic loss per share was PKR 23.14 compared to basic earnings per share of PKR 12.6 a year ago. Diluted loss per share was PKR 21.2 compared to diluted earnings per share of PKR 11.81 a year ago.