Shadman Cotton Mills Limited reported unaudited earnings results for the second quarter six months ended December 31, 2020. For the six months, the company reported turnover – net of PKR 21,036,843 compared to PKR 94,247,483 a year ago. Operating loss was PKR 23,552,283 compared to profit of PKR 8,493,308 a year ago. Loss after taxation was PKR 19,139,407 or PKR 1.09 per basic share compared to profit of PKR 5,160,478 or PKR 0.29 per basic share a year ago. For the quarter, the company reported turnover – net of PKR 14,744,163 compared to PKR 39,531,056 a year ago. Operating loss was PKR 20,858,438 compared to profit of PKR 5,041,709 a year ago. Loss after taxation was PKR 15,593,240 or PKR 0.88 per basic share compared to profit of PKR 2,793,014 or PKR 0.16 per basic share a year ago.