Nestlé Lanka PLC announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was LKR 9,488.548 million compared to LKR 9,387.408 million a year ago. Operating income was LKR 1,042.669 million compared to LKR 1,265.758 million a year ago. Net income was LKR 716.891 million compared to LKR 865.579 million a year ago. Basic earnings per share was LKR 13.34 compared to LKR 16.11 a year ago. For the full year, sales was LKR 36,355.084 million compared to LKR 37,336.943 million a year ago. Operating income was LKR 4,088.871 million compared to LKR 5,147.381 million a year ago. Net income was LKR 2,565.983 million compared to LKR 3,485.801 million a year ago. Basic earnings per share was LKR 47.76 compared to LKR 64.88 a year ago.