Sapphire Textile Mills Limited announced earnings results for the first quarter ended September 30, 2020. For the first quarter, the company announced sales was PKR 13,568.319 million compared to PKR 14,678.459 million a year ago. Operating income was PKR 3,399.487 million compared to PKR 4,667.777 million a year ago. Net income was PKR 1,432.542 million compared to PKR 2,096.507 million a year ago. Basic earnings per share from continuing operations was PKR 66.05 compared to PKR 99.37 a year ago.