CT Land Development PLC announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced operating income was LKR 24.296 million compared to LKR 98.227 million a year ago. Net loss was LKR 3.428 million compared to net income of LKR 66.411 million a year ago. Basic loss per share from continuing operations was LKR 0.04 compared to basic earnings per share from continuing operations of LKR 0.82 a year ago. For the half year, operating income was LKR 16.747 million compared to LKR 191.570 million a year ago. Net loss was LKR 26.615 million compared to net income of LKR 121.979 million a year ago. Basic loss per share from continuing operations was LKR 0.33 compared to basic earnings per share from continuing operations of LKR 1.5 a year ago.