Redco Textiles Ltd. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced sales was PKR 1.467 million compared to PKR 124.709 million a year ago. Operating loss was PKR 19.174 million compared to PKR 90.591 million a year ago. Net loss was PKR 18.627 million compared to PKR 94.841 million a year ago. Basic loss per share was PKR 0.38 compared to PKR 1.92 a year ago. For the half year, sales was PKR 1.912 million compared to PKR 382.754 million a year ago. Operating loss was PKR 35.078 million compared to PKR 145.122 million a year ago. Net loss was PKR 34.906 million compared to PKR 154.225 million a year ago. Basic loss per share was PKR 0.71 compared to PKR 3.13 a year ago.