Kelsey Developments PLC announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was LKR 32.500 million compared to LKR 16.500 million a year ago. Operating loss was LKR 24.053 million compared to LKR 45.987 million a year ago. Net loss was LKR 75.563 million compared to LKR 98.688 million a year ago. Basic loss per share was LKR 4.34 compared to LKR 5.66 a year ago. For the full year, sales was LKR 377.200 million compared to LKR 252.012 million a year ago. Operating loss was LKR 44.655 million compared to LKR 17.815 million a year ago. Net loss was LKR 229.728 million compared to LKR 223.453 million a year ago. Basic loss per share was LKR 13.18 compared to LKR 12.82 a year ago.