Horana Plantations PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 409.108 million compared to LKR 494.461 million a year ago. Operating loss was LKR 55.930 million compared to operating Income of LKR 81.914 million a year ago. Net loss was LKR 83.485 million compared to net income of LKR 40.937 million a year ago. Basic loss per share was LKR 3.34 compared to basic earnings per share of LKR 1.64 a year ago. For the nine months, sales was LKR 1,261.016 million compared to LKR 1,410.960 million a year ago. Operating loss was LKR 293.988 million compared to operating Income of LKR 43.156 million a year ago. Net loss was LKR 375.576 million compared to LKR 47.575 million a year ago. Basic loss per share was LKR 15.02 compared to LKR 1.9 a year ago.