Towellers Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 755.338 million compared to PKR 825.068 million a year ago. Operating income was PKR 29.424 million compared to operating loss of PKR 1.586 million a year ago. Net income was PKR 27.983 million compared to net loss of PKR 15.644 million a year ago. Basic earnings per share was PKR 1.65 compared to basic loss per share of PKR 0.92 a year ago. For the nine months, sales was PKR 2,998.635 million compared to PKR 2,811.049 million a year ago. Operating income was PKR 236.049 million compared to PKR 207.606 million a year ago. Net income was PKR 226.880 million compared to PKR 169.526 million a year ago. Basic earnings per share was PKR 13.35 compared to PKR 9.97 a year ago.