Cargo Boat Development Company PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced operating income was LKR 17.596 million compared to LKR 41.940 million a year ago. Net income was LKR 13.596 million compared to LKR 36.940 million a year ago. Basic earnings per share was LKR 0.75 compared to LKR 3.62 a year ago. For the half year, operating income was LKR 37.979 million compared to LKR 77.853 million a year ago. Net income was LKR 29.979 million compared to LKR 67.853 million a year ago. Basic earnings per share was LKR 1.66 compared to LKR 6.65 a year ago.