Kelani Tyres PLC announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was LKR 45.727 million compared to LKR 137.358 million a year ago. Operating loss was LKR 24.514 million compared to LKR 12.030 million a year ago. Net income was LKR 92.692 million compared to LKR 106.494 million a year ago. Basic earnings per share was LKR 1.15 compared to LKR 1.32 a year ago. For the full year, sales was LKR 280.779 million compared to LKR 426.874 million a year ago. Operating income was LKR 21.931 million compared to LKR 18.969 million a year ago. Net income was LKR 442.806 million compared to LKR 484.202 million a year ago. Basic earnings per share was LKR 5.51 compared to LKR 6.02 a year ago.