Shahzad Textile Mills Limited announced earnings results for the first quarter ended September 30, 2020. For the first quarter, the company announced sales was PKR 1,549.999 million compared to PKR 1,243.892 million a year ago. Operating income was PKR 92.234 million compared to PKR 22.073 million a year ago. Net income was PKR 67.729 million compared to net loss of PKR 10.675 million a year ago. Basic earnings per share was PKR 3.77 compared to basic loss per share of PKR 0.59 a year ago.