Lankem Developments PLC announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced sales was LKR 822.480 million compared to LKR 1,136.004 million a year ago. Net loss was LKR 51.313 million compared to net income of LKR 67.711 million a year ago. Basic loss per share was LKR 0.43 compared to basic earnings per share of LKR 0.56 a year ago. For the full year, sales was LKR 4,082.833 million compared to LKR 4,731.146 million a year ago. Net loss was LKR 23.765 million compared to net income of LKR 325.342 million a year ago. Basic loss per share was LKR 0.2 compared to basic earnings per share of LKR 2.92 a year ago.