M. I. Cement Factory Limited announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was BDT 3,754.358 million compared to BDT 3,554.260 million a year ago. Operating income was BDT 133.922 million compared to BDT 282.193 million a year ago. Net loss was BDT 267.173 million compared to net income of BDT 46.150 million a year ago. Basic loss per share was BDT 1.8 compared to basic earnings per share of BDT 0.31 a year ago. For the half year, sales was BDT 6,949.954 million compared to BDT 6,945.000 million a year ago. Operating income was BDT 435.487 million compared to BDT 528.069 million a year ago. Net loss was BDT 280.059 million compared to net income of BDT 115.655 million a year ago. Basic loss per share was BDT 1.89 compared to basic earnings per share of BDT 0.78 a year ago.