Merchant Bank of Sri Lanka & Finance PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net loss was LKR 149.675 million compared to net income of LKR 784.785 million a year ago. Basic loss per share was LKR 0.9 compared to basic earnings per share of LKR 4.73 a year ago. For the full year, net loss was LKR 185.587 million compared to net income of LKR 415.031 million a year ago. Basic loss per share was LKR 1.12 compared to basic earnings per share of LKR 2.5 a year ago.