The Kandy Hotels Co. 1938 PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 96.319 million compared to LKR 169.834 million a year ago. Operating income was LKR 9.975 million compared to LKR 49.868 million a year ago. Net income was LKR 8.774 million compared to net loss of LKR 14.688 million a year ago. Basic earnings per share was LKR 0.02 compared to basic loss per share of LKR 0.03 a year ago. For the nine months, sales was LKR 281.169 million compared to LKR 474.124 million a year ago. Operating income was LKR 3.559 million compared to LKR 132.244 million a year ago. Net loss was LKR 44.496 million compared to LKR 1.559 million a year ago. Basic loss per share was LKR 0.08 compared to Basic EPS of LKR 0 a year ago. Basic loss per share from continuing operations was LKR 0.08 compared to Basic EPS - Continuing Operations of LKR 0 a year ago.