Ceylon Grain Elevators PLC announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was LKR 4,056.648 million compared to LKR 4,974.206 million a year ago. Operating income was LKR 287.176 million compared to LKR 322.870 million a year ago. Net income was LKR 188.529 million compared to LKR 237.971 million a year ago. Basic earnings per share was LKR 3.14 compared to LKR 3.97 a year ago.