Ashfaq Textile Mills Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 101.064 million compared to PKR 74.234 million a year ago. Net loss was PKR 732,989 compared to PKR 2.609 million a year ago. Basic loss per share was PKR 0.02 compared to PKR 0.07 a year ago. For the half year, sales was PKR 181.396 million compared to PKR 142.569 million a year ago. Net income was PKR 5.711 million compared to net loss of PKR 9.066 million a year ago. Basic earnings per share was PKR 0.16 compared to basic loss per share of PKR 0.26 a year ago.