Commercial Development Company PLC announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was LKR 116.079 million compared to LKR 123.338 million a year ago. Operating income was LKR 16.964 million compared to LKR 269.708 million a year ago. Net income was LKR 15.703 million compared to LKR 259.379 million a year ago. Basic earnings per share from continuing operations was LKR 1.31 compared to LKR 21.61 a year ago. For the full year, sales was LKR 454.906 million compared to LKR 453.849 million a year ago. Operating income was LKR 149.824 million compared to LKR 399.046 million a year ago. Net income was LKR 122.582 million compared to LKR 363.217 million a year ago. Basic earnings per share from continuing operations was LKR 10.22 compared to LKR 30.27 a year ago.