Kelsey Developments PLC announced earnings results for the third quarter ended December 31, 2020. For the third quarter, the company announced sales was LKR 250.650 million compared to LKR 93.500 million a year ago. Operating income was LKR 51.848 million compared to operating loss of LKR 30.728 million a year ago. Net income was LKR 29.093 million compared to net loss of LKR 75.294 million a year ago. Basic earnings per share from continuing operations was LKR 1.67 compared to basic loss per share from continuing operations of LKR 4.32 a year ago. For the nine months, sales was LKR 613.650 million compared to LKR 344.700 million a year ago. Operating income was LKR 111.203 million compared to operating loss of LKR 13.883 million a year ago. Net income was LKR 14.391 million compared to net loss of LKR 147.446 million a year ago. Basic earnings per share from continuing operations was LKR 0.83 compared to basic loss per share from continuing operations of LKR 8.46 a year ago.