Laxapana Batteries PLC announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was LKR 145.040 million compared to LKR 103.378 million a year ago. Operating income was LKR 6.276 million compared to operating loss of LKR 2.394 million a year ago. Net loss was LKR 7.711 million compared to net income of LKR 38,000 a year ago. Basic loss per share was LKR 0.2. Basic loss per share from continuing operations was LKR 0.2. For the full year, sales was LKR 652.843 million compared to LKR 480.204 million a year ago. Operating income was LKR 62.788 million compared to LKR 31.135 million a year ago. Net income was LKR 33.215 million compared to LKR 11.302 million a year ago. Basic earnings per share was LKR 0.85 compared to LKR 0.29 a year ago.