Kelsey Developments PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 29.000 million compared to LKR 69.706 million a year ago. Operating loss was LKR 11.525 million compared to operating Income of LKR 21.937 million a year ago. Net loss was LKR 57.055 million compared to LKR 30.447 million a year ago. Basic loss per share was LKR 3.27 compared to LKR 1.75 a year ago. For the half year, sales was LKR 251.200 million compared to LKR 88.312 million a year ago. Operating income was LKR 16.848 million compared to LKR 22.069 million a year ago. Net loss was LKR 72.149 million compared to LKR 83.553 million a year ago. Basic loss per share was LKR 4.14 compared to LKR 4.79 a year ago.