Gharibwal Cement Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 2,203.907 million compared to PKR 2,765.345 million a year ago. Operating loss was PKR 249.990 million compared to operating Income of PKR 436.100 million a year ago. Net loss was PKR 295.034 million compared to net income of PKR 226.740 million a year ago. Basic loss per share was PKR 0.73 compared to basic earnings per share of PKR 0.57 a year ago. For the nine months, sales was PKR 7,370.124 million compared to PKR 8,275.505 million a year ago. Operating loss was PKR 372.616 million compared to operating Income of PKR 1,529.058 million a year ago. Net loss was PKR 540.163 million compared to net income of PKR 819.801 million a year ago. Basic loss per share was PKR 1.35 compared to basic earnings per share of PKR 2.05 a year ago.