Industrial Asphalts Ceylon PLC announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced sales was LKR 54.023 million compared to LKR 146.119 million a year ago. Operating income was LKR 6.415 million compared to LKR 8.287 million a year ago. Net income was LKR 2.642 million compared to LKR 3.627 million a year ago. Basic earnings per share from continuing operations was LKR 0.001 compared to LKR 5.44 a year ago.