Mercantile Shipping Company PLC announced earnings results for the first quarter ended June 30, 2019. For the first quarter, the company announced sales was LKR 4.556 million compared to LKR 133.901 million a year ago. Net loss was LKR 41.078 million compared to LKR 38.980 million a year ago. Basic loss per share was LKR 0.01 compared to LKR 13.7 a year ago.