Muller & Phipps (Ceylon) PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 210.909 million compared to LKR 265.788 million a year ago. Operating income was LKR 15.999 million compared to operating loss of LKR 22.752 million a year ago. Net income was LKR 11.346 million compared to net loss of LKR 35.768 million a year ago. Basic earnings per share from continuing operations was LKR 0.04 compared to basic loss per share from continuing operations of LKR 0.13 a year ago. For the nine months, sales was LKR 556.424 million compared to LKR 624.101 million a year ago. Operating income was LKR 51.023 million compared to operating loss of LKR 45.015 million a year ago. Net income was LKR 19.643 million compared to net loss of LKR 82.088 million a year ago. Basic earnings per share from continuing operations was LKR 0.07 compared to basic loss per share from continuing operations of LKR 0.29 a year ago.