LOLC Development Finance PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced net income was LKR 52.219 million compared to net loss of LKR 160.366 million a year ago. Basic earnings per share was LKR 0.22 compared to basic loss per share of LKR 0.67 a year ago. For the half year, net income was LKR 53.262 million compared to net loss of LKR 86.617 million a year ago. Basic earnings per share was LKR 0.22 compared to basic loss per share of LKR 0.36 a year ago.