Colony Textile Mills Limited announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was PKR 5,042.078 million compared to PKR 5,734.109 million a year ago. Operating income was PKR 372.801 million compared to PKR 133.259 million a year ago. Net income was PKR 151.265 million compared to PKR 43.677 million a year ago. Basic earnings per share was PKR 0.3 compared to PKR 0.09 a year ago. For the nine months, sales was PKR 14,397.433 million compared to PKR 15,791.666 million a year ago. Operating income was PKR 778.045 million compared to PKR 537.252 million a year ago. Net income was PKR 151.764 million compared to PKR 505.503 million a year ago. Basic earnings per share was PKR 0.3 compared to PKR 1.01 a year ago.