Mercantile Shipping Company PLC announced earnings results for the fourth quarter ended March 31, 2020. For the fourth quarter, the company announced sales was LKR 4.556 million compared to LKR 132.871 million a year ago. Operating income was LKR 4.255 million compared to LKR 14.760 million a year ago. Net loss was LKR 80.960 million compared to LKR 41.175 million a year ago. Basic earnings per share from continuing operations was LKR 1.76 compared to basic loss per share from continuing operations of LKR 14.47 a year ago. For the full year, sales was LKR 19.061 million compared to LKR 18.106 million a year ago. Operating income was LKR 3.871 million compared to operating loss of LKR 4.192 million a year ago. Net loss was LKR 196.307 million compared to LKR 792.712 million a year ago. Basic earnings per share from continuing operations was LKR 2.16 compared to basic loss per share from continuing operations of LKR 0.96 a year ago.