Towellers Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 1,176.556 million compared to PKR 1,023.880 million a year ago. Operating income was PKR 133.109 million compared to PKR 148.867 million a year ago. Net income was PKR 128.535 million compared to PKR 133.029 million a year ago. Basic earnings per share was PKR 7.56 compared to PKR 7.83 a year ago. For the half year, sales was PKR 2,243.296 million compared to PKR 1,985.980 million a year ago. Operating income was PKR 206.624 million compared to PKR 209.193 million a year ago. Net income was PKR 198.896 million compared to PKR 185.170 million a year ago. Basic earnings per share was PKR 11.7 compared to PKR 10.89 a year ago.