Seylan Developments PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced total revenue was LKR 73.546 million compared to LKR 81.725 million a year ago. Operating income was LKR 72.095 million compared to LKR 136.167 million a year ago. Net income was LKR 66.699 million compared to LKR 123.202 million a year ago. Basic earnings per share was LKR 0.45 compared to LKR 0.83 a year ago. For the full year, total revenue was LKR 295.831 million compared to LKR 291.487 million a year ago. Operating income was LKR 228.069 million compared to LKR 283.831 million a year ago. Net income was LKR 193.013 million compared to LKR 255.036 million a year ago. Basic earnings per share was LKR 1.3 compared to LKR 1.72 a year ago.