Shahmurad Sugar Mills Limited announced earnings results for the second quarter ended March 31, 2020. For the second quarter, the company announced sales was PKR 2,370.346 million compared to PKR 1,937.597 million a year ago. Net loss was PKR 59.040 million compared to net income of PKR 159.734 million a year ago. Basic loss per share was PKR 2.8 compared to basic earnings per share of PKR 7.56 a year ago. For the half year, sales was PKR 5,064.331 million compared to PKR 4,543.954 million a year ago. Net income was PKR 248.527 million compared to PKR 551.348 million a year ago. Basic earnings per share was PKR 11.77 compared to PKR 26.11 a year ago.