Portland Paints and Products Nigeria Plc announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was NGN 636.852 million compared to NGN 543.762 million a year ago. Operating income was NGN 45.622 million compared to NGN 63.590 million a year ago. Net income was NGN 31.743 million compared to NGN 37.100 million a year ago. Basic earnings per share was NGN 0.04 compared to NGN 0.0468 a year ago. Diluted earnings per share was NGN 0.036 compared to NGN 0.042 a year ago. For the nine months, sales was NGN 1,995.562 million compared to NGN 1,977.432 million a year ago. Operating income was NGN 135.223 million compared to NGN 192.580 million a year ago. Net income was NGN 96.016 million compared to NGN 126.179 million a year ago. Basic earnings per share was NGN 0.12 compared to NGN 0.16 a year ago.