Asian Hotels and Properties PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 1,676.028 million compared to LKR 2,124.194 million a year ago. Operating income was LKR 121.722 million compared to LKR 342.228 million a year ago. Net income was LKR 42.880 million compared to LKR 244.983 million a year ago. Basic earnings per share was LKR 0.1 compared to LKR 0.55 a year ago. For the nine months, sales was LKR 4,074.074 million compared to LKR 5,747.231 million a year ago. Operating loss was LKR 234.925 million compared to operating Income of LKR 740.261 million a year ago. Net loss was LKR 274.844 million compared to net income of LKR 524.712 million a year ago. Basic loss per share was LKR 0.62 compared to basic earnings per share of LKR 1.19 a year ago.