Colombo Land and Development Company PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net loss was LKR 30.616 million compared to net income of LKR 280.872 million a year ago. Basic loss per share was LKR 0.15 compared to basic earnings per share of LKR 1.4 a year ago. For the full year, net loss was LKR 20.331 million compared to net income of LKR 328.334 million a year ago. Basic loss per share was LKR 0.1 compared to basic earnings per share of LKR 1.65 a year ago.