Talawakelle Tea Estates PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 971.278 million compared to LKR 969.364 million a year ago. Operating income was LKR 79.622 million compared to LKR 218.684 million a year ago. Net income was LKR 81.909 million compared to LKR 178.158 million a year ago. Basic earnings per share was LKR 3.45 compared to LKR 7.5 a year ago. For the nine months, sales was LKR 2,887.699 million compared to LKR 2,893.638 million a year ago. Operating income was LKR 68.072 million compared to LKR 275.944 million a year ago. Net income was LKR 82.734 million compared to LKR 233.261 million a year ago. Basic earnings per share was LKR 3.48 compared to LKR 9.82 a year ago.