Lanka Milk Foods CWE PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 1,716.859 million compared to LKR 1,444.458 million a year ago. Operating income was LKR 21.466 million compared to LKR 51.050 million a year ago. Net loss was LKR 3.177 million compared to net income of LKR 21.539 million a year ago. Basic loss per share was LKR 0.08 compared to basic earnings per share of LKR 0.54 a year ago. For the half year, sales was LKR 3,310.069 million compared to LKR 2,752.361 million a year ago. Operating income was LKR 63.524 million compared to LKR 114.835 million a year ago. Net income was LKR 5.268 million compared to LKR 43.258 million a year ago. Basic earnings per share was LKR 0.13 compared to LKR 1.08 a year ago.