Kahawatte Plantations PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was LKR 727.214 million compared to LKR 654.843 million a year ago. Operating income was LKR 37.733 million compared to LKR 51.577 million a year ago. Net loss was LKR 109.285 million compared to net income of LKR 18.142 million a year ago. Basic loss per share was LKR 1.37 compared to basic earnings per share of LKR 0.23 a year ago. For the full year, sales was LKR 2,794.561 million compared to LKR 3,105.691 million a year ago. Operating loss was LKR 149.892 million compared to LKR 39.956 million a year ago. Net loss was LKR 502.581 million compared to LKR 248.891 million a year ago. Basic loss per share was LKR 6.29 compared to LKR 3.12 a year ago.