Muller & Phipps Ceylon PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 265.788 million compared to LKR 252.565 million a year ago. Operating loss was LKR 22.752 million compared to operating Income of LKR 3.188 million a year ago. Net loss was LKR 35.768 million compared to LKR 28.944 million a year ago. Basic loss per share was LKR 0.13 compared to LKR 0.1 a year ago. For the nine months, sales was LKR 624.101 million compared to LKR 837.554 million a year ago. Operating loss was LKR 45.015 million compared to operating Income of LKR 33.020 million a year ago. Net loss was LKR 82.088 million compared to LKR 16.223 million a year ago. Basic loss per share was LKR 0.29 compared to LKR 0.06 a year ago.