Punjab Oil Mills Limited announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced sales was PKR 1,485.058 million compared to PKR 1,466.862 million a year ago. Operating income was PKR 6.031 million compared to PKR 87.918 million a year ago. Net loss was PKR 16.688 million compared to net income of PKR 47.025 million a year ago. Basic loss per share from continuing operations was PKR 3.1 compared to basic earnings per share from continuing operations of PKR 8.72 a year ago. For the half year, sales was PKR 2,721.911 million compared to PKR 2,435.177 million a year ago. Operating income was PKR 56.900 million compared to PKR 145.155 million a year ago. Net income was PKR 19.643 million compared to PKR 71.721 million a year ago. Basic earnings per share from continuing operations was PKR 3.64 compared to PKR 13.3 a year ago.