Faran Sugar Mills Limited announced earnings results for the second quarter ended March 31, 2020. For the second quarter, the company announced sales was PKR 994.420 million compared to PKR 690.683 million a year ago. Operating loss was PKR 129.146 million compared to PKR 51.468 million a year ago. Net loss was PKR 175.190 million compared to PKR 31.011 million a year ago. Basic loss per share was PKR 7.01 compared to PKR 1.24 a year ago. For the half year, sales was PKR 2,512.291 million compared to PKR 1,618.322 million a year ago. Operating loss was PKR 89.883 million compared to PKR 65.742 million a year ago. Net loss was PKR 134.786 million compared to net income of PKR 19.421 million a year ago. Basic loss per share was PKR 5.39 compared to basic earnings per share of PKR 0.78 a year ago.