Tea Smallholder Factories PLC announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced sales was LKR 501.999 million compared to LKR 587.064 million a year ago. Operating loss was LKR 266,000 compared to operating Income of LKR 39.151 million a year ago. Net income was LKR 463,000 compared to LKR 35.318 million a year ago. Basic earnings per share from continuing operations was LKR 0.02 compared to LKR 1.18 a year ago.