Punjab Oil Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 1,466.862 million compared to PKR 1,450.334 million a year ago. Operating income was PKR 87.918 million compared to PKR 95.934 million a year ago. Net income was PKR 47.025 million compared to PKR 57.558 million a year ago. Basic earnings per share was PKR 8.72 compared to PKR 10.68 a year ago. For the half year, sales was PKR 2,435.177 million compared to PKR 2,551.412 million a year ago. Operating income was PKR 145.155 million compared to PKR 145.344 million a year ago. Net income was PKR 71.721 million compared to PKR 75.086 million a year ago. Basic earnings per share was PKR 13.3 compared to PKR 13.93 a year ago.