Jubilee Spinning & Weaving Mills Limited announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced sales was PKR 230,812 compared to PKR 2.302 million a year ago. Operating income was PKR 1.209 million compared to PKR 4.650 million a year ago. Net loss was PKR 1.468 million compared to PKR 7.539 million a year ago. Basic loss per share from continuing operations was PKR 0.05 compared to PKR 0.23 a year ago. For the half year, sales was PKR 1.039 million compared to PKR 5.352 million a year ago. Operating income was PKR 2.826 million compared to PKR 7.106 million a year ago. Net loss was PKR 2.521 million compared to PKR 5.554 million a year ago. Basic loss per share from continuing operations was PKR 0.08 compared to PKR 0.17 a year ago.