Mercantile Shipping Company PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 5.390 million compared to LKR 145.331 million a year ago. Operating loss was LKR 666,991 compared to operating Income of LKR 45.881 million a year ago. Net loss was LKR 172,449 compared to LKR 35.294 million a year ago. Basic loss per share from continuing operations was LKR 0.06 compared to LKR 12.41 a year ago. For the half year, sales was LKR 9.947 million compared to LKR 279.233 million a year ago. Operating loss was LKR 1.101 million compared to operating Income of LKR 49.295 million a year ago. Net loss was LKR 37.281 million compared to LKR 74.275 million a year ago. Basic loss per share from continuing operations was LKR 0.07 compared to LKR 26.11 a year ago.