Property Development PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced total revenue was LKR 381.224 million compared to LKR 294.362 million a year ago. Net income was LKR 195.017 million compared to LKR 129.983 million a year ago. Basic earnings per share was LKR 2.95 compared to LKR 1.97 a year ago. For the full year, total revenue was LKR 1,238.048 million compared to LKR 1,109.976 million a year ago. Net income was LKR 574.926 million compared to LKR 483.298 million a year ago. Basic earnings per share was LKR 8.71 compared to LKR 7.32 a year ago.