Lanka Milk Foods CWE PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 1,676.752 million compared to LKR 1,447.592 million a year ago. Operating income was LKR 273.013 million compared to LKR 48.932 million a year ago. Net income was LKR 225.001 million compared to net loss of LKR 39.850 million a year ago. Basic earnings per share was LKR 5.63 compared to basic loss per share of LKR 1 a year ago. For the nine months, sales was LKR 4,986.821 million compared to LKR 4,199.953 million a year ago. Operating income was LKR 336.537 million compared to LKR 163.767 million a year ago. Net income was LKR 230.269 million compared to LKR 3.408 million a year ago. Basic earnings per share was LKR 5.76 compared to LKR 0.09 a year ago.