Agalawatte Plantations PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was LKR 709.740 million compared to LKR 662.283 million a year ago. Operating income was LKR 84.943 million compared to LKR 46.358 million a year ago. Net income was LKR 50.648 million compared to LKR 12.007 million a year ago. Basic earnings per share was LKR 2.03 compared to LKR 0.48 a year ago. For the full year, sales was LKR 2,809.967 million compared to LKR 2,650.407 million a year ago. Operating income was LKR 15.234 million compared to operating loss of LKR 105.344 million a year ago. Net loss was LKR 116.380 million compared to LKR 252.947 million a year ago. Basic loss per share was LKR 4.66 compared to LKR 10.12 a year ago.