Mercantile Shipping Company PLC announced earnings results for the second quarter ended September 30, 2018. For the second quarter, the company announced sales was LKR 145.331 million compared to LKR 129.925 million a year ago. Net loss was LKR 35.294 million compared to LKR 3.885 million a year ago. Basic loss per share was LKR 12.41 compared to LKR 1.37 a year ago. For the half year, sales was LKR 279.233 million compared to LKR 149.173 million a year ago. Net loss was LKR 74.275 million compared to LKR 208.041 million a year ago. Basic loss per share was LKR 26.11 compared to LKR 73.13 a year ago.