Lanka Milk Foods CWE PLC announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was LKR 1,692.856 million compared to LKR 1,185.581 million a year ago. Operating income was LKR 140.289 million compared to operating loss of LKR 76.006 million a year ago. Net income was LKR 80.264 million compared to net loss of LKR 129.720 million a year ago. Basic earnings per share was LKR 2.01 compared to basic loss per share of LKR 3.24 a year ago. For the full year, sales was LKR 6,679.677 million compared to LKR 5,385.534 million a year ago. Operating income was LKR 476.826 million compared to LKR 87.761 million a year ago. Net income was LKR 310.533 million compared to net loss of LKR 126.312 million a year ago. Basic earnings per share was LKR 7.76 compared to basic loss per share of LKR 3.16 a year ago.