Laxapana Batteries PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 180.958 million compared to LKR 124.298 million a year ago. Operating income was LKR 21.674 million compared to LKR 4.788 million a year ago. Net income was LKR 17.423 million compared to net loss of LKR 6.186 million a year ago. Basic earnings per share was LKR 0.45 compared to basic loss per share of LKR 0.16 a year ago. For the nine months, sales was LKR 507.804 million compared to LKR 380.220 million a year ago. Operating income was LKR 56.512 million compared to LKR 34.381 million a year ago. Net income was LKR 40.926 million compared to LKR 12.115 million a year ago. Basic earnings per share was LKR 1.05 compared to LKR 0.31 a year ago.