Lanka IOC PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 19,806.883 million compared to LKR 23,126.216 million a year ago. Operating income was LKR 463.297 million compared to operating loss of LKR 794.251 million a year ago. Net income was LKR 489.750 million compared to net loss of LKR 986.882 million a year ago. Basic earnings per share was LKR 0.92 compared to basic loss per share of LKR 1.85 a year ago. For the nine months, sales was LKR 59,702.752 million compared to LKR 67,797.328 million a year ago. Operating income was LKR 883.406 million compared to LKR 185.490 million a year ago. Net income was LKR 767.986 million compared to net loss of LKR 533.708 million a year ago. Basic earnings per share was LKR 1.44 compared to basic loss per share of LKR 1 a year ago.