Merit Packaging Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 444.795 million compared to PKR 770.153 million a year ago. Operating loss was PKR 112.250 million compared to PKR 14.979 million a year ago. Net loss was PKR 193.064 million compared to PKR 64.816 million a year ago. Basic loss per share was PKR 2.39 compared to PKR 0.8 a year ago. For the nine months, sales was PKR 1,552.492 million compared to PKR 2,282.288 million a year ago. Operating loss was PKR 264.003 million compared to PKR 52.747 million a year ago. Net loss was PKR 524.553 million compared to PKR 174.618 million a year ago. Basic loss per share was PKR 6.51 compared to PKR 2.17 a year ago.