LOLC Development Finance PLC announced earnings results for the first quarter ended June 30, 2020. For the first quarter, the company announced operating income was LKR 12.262 million compared to LKR 22.792 million a year ago. Net income was LKR 6.503 million compared to net loss of LKR 3.297 million a year ago. Basic earnings per share was LKR 0.03 compared to basic loss per share of LKR 0.01 a year ago.