Cargo Boat Development Company PLC announced earnings results for the first quarter ended June 30, 2019. For the first quarter, the company announced operating income was LKR 20.384 million compared to LKR 35.912 million a year ago. Net income was LKR 16.384 million compared to LKR 30.912 million a year ago. Basic earnings per share was LKR 1.61 compared to LKR 3.03 a year ago.