Cargo Boat Development Company PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced operating income was LKR 23.571 million compared to LKR 22.893 million a year ago. Net income was LKR 19.571 million compared to LKR 17.893 million a year ago. Basic earnings per share was LKR 1.09 compared to LKR 1.75 a year ago. For the nine months, operating income was LKR 61.550 million compared to LKR 100.746 million a year ago. Net income was LKR 49.550 million compared to LKR 85.746 million a year ago. Basic earnings per share was LKR 2.75 compared to LKR 8.41 a year ago.