Tea Smallholder Factories PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 513.325 million compared to LKR 535.728 million a year ago. Operating income was LKR 3.699 million compared to operating loss of LKR 3.901 million a year ago. Net income was LKR 5.143 million compared to LKR 88.370 million a year ago. Basic earnings per share from continuing operations was LKR 0.17 compared to LKR 2.67 a year ago. For the nine months, sales was LKR 1,729.053 million compared to LKR 1,608.923 million a year ago. Operating income was LKR 53.042 million compared to LKR 396,000 a year ago. Net income was LKR 50.918 million compared to LKR 75.383 million a year ago. Basic earnings per share from continuing operations was LKR 1.7 compared to LKR 2.71 a year ago.