Property Development PLC announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was LKR 241.753 million compared to LKR 316.700 million a year ago. Operating income was LKR 42.700 million compared to LKR 200.287 million a year ago. Net loss was LKR 5.579 million compared to net income of LKR 195.017 million a year ago. Basic loss per share from continuing operations was LKR 0.08 compared to basic earnings per share from continuing operations of LKR 2.95 a year ago. For the full year, total revenue was LKR 872.652 million compared to LKR 973.082 million a year ago. Operating income was LKR 375.851 million compared to LKR 534.380 million a year ago. Net income was LKR 357.126 million compared to LKR 574.926 million a year ago. Basic earnings per share from continuing operations was LKR 5.41 compared to LKR 8.71 a year ago.