Mahaweli Coconut Plantations PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 36.544 million compared to LKR 34.321 million a year ago. Operating income was LKR 20.278 million compared to LKR 24.762 million a year ago. Net income was LKR 20.894 million compared to LKR 26.853 million a year ago. Basic earnings per share was LKR 0.6 compared to LKR 0.79 a year ago. For the nine months, sales was LKR 97.539 million compared to LKR 98.642 million a year ago. Operating income was LKR 2.156 million compared to LKR 30.785 million a year ago. Net income was LKR 3.987 million compared to LKR 36.463 million a year ago. Basic earnings per share was LKR 0.11 compared to LKR 1.08 a year ago.