Ceylon Grain Elevators PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was LKR 4,298.630 million compared to LKR 4,470.607 million a year ago. Operating income was LKR 380.319 million compared to LKR 361.912 million a year ago. Net income was LKR 304.070 million compared to LKR 240.649 million a year ago. Basic earnings per share was LKR 5.07 compared to LKR 4.01 a year ago. For the full year, sales was LKR 17,713.305 million compared to LKR 17,085.577 million a year ago. Operating income was LKR 1,225.766 million compared to LKR 1,325.734 million a year ago. Net income was LKR 899.183 million compared to LKR 890.495 million a year ago. Basic earnings per share was LKR 14.99 compared to LKR 14.84 a year ago.