CT Land Development PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced operating income was LKR 47.451 million compared to LKR 76.447 million a year ago. Net income was LKR 33.141 million compared to LKR 47.994 million a year ago. Basic earnings per share was LKR 0.41 compared to LKR 0.59 a year ago. For the nine months, operating income was LKR 238.955 million compared to LKR 255.475 million a year ago. Net income was LKR 155.072 million compared to LKR 167.317 million a year ago. Basic earnings per share was LKR 1.91 compared to LKR 2.06 a year ago.