Mercantile Shipping Company PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 4.556 million compared to LKR 157.348 million a year ago. Operating income was LKR 717,404 compared to LKR 5.463 million a year ago. Net loss was LKR 78.065 million compared to LKR 76.232 million a year ago. Basic earnings per share from continuing operations was LKR 0.46 compared to basic loss per share from continuing operations of LKR 26.8 a year ago. For the nine months, sales was LKR 14.504 million compared to LKR 436.581 million a year ago. Operating loss was LKR 383,999 compared to operating Income of LKR 54.758 million a year ago. Net loss was LKR 115.347 million compared to LKR 150.507 million a year ago. Basic earnings per share from continuing operations was LKR 0.4 compared to basic loss per share from continuing operations of LKR 52.9 a year ago.