Trans Asia Hotels PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 753.404 million compared to LKR 798.734 million a year ago. Operating income was LKR 125.555 million compared to LKR 139.198 million a year ago. Net income was LKR 106.813 million compared to LKR 112.626 million a year ago. Basic earnings per share was LKR 0.53 compared to LKR 0.56 a year ago. For the nine months, sales was LKR 1,731.878 million compared to LKR 2,125.452 million a year ago. Operating income was LKR 68.557 million compared to LKR 278.068 million a year ago. Net income was LKR 50.786 million compared to LKR 217.310 million a year ago. Basic earnings per share was LKR 0.25 compared to LKR 1.09 a year ago.