Metropolitan Steel Corporation Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was PKR 9.830 million compared to PKR 8.838 million a year ago. Operating loss was PKR 4.801 million compared to PKR 7.975 million a year ago. Net income was PKR 1.125 million compared to PKR 19.083 million a year ago. Basic earnings per share was PKR 0.04 compared to PKR 0.62 a year ago. For the half year, sales was PKR 10.864 million compared to PKR 10.169 million a year ago. Operating loss was PKR 9.962 million compared to PKR 13.731 million a year ago. Net loss was PKR 3.703 million compared to net income of PKR 16.461 million a year ago. Basic loss per share was PKR 0.12 compared to basic earnings per share of PKR 0.53 a year ago.