Renuka City Hotels PLC announced earnings results for the third quarter ended December 31, 2019. For the third quarter, the company announced sales was LKR 39.590 million compared to LKR 49.262 million a year ago. Operating income was LKR 374,000 compared to LKR 15.461 million a year ago. Net income was LKR 38.080 million compared to LKR 247.548 million a year ago. Basic earnings per share was LKR 5.44 compared to LKR 35.36 a year ago. For the nine months, sales was LKR 107.303 million compared to LKR 178.887 million a year ago. Operating income was LKR 15.168 million compared to LKR 86.661 million a year ago. Net income was LKR 262.239 million compared to LKR 633.356 million a year ago. Basic earnings per share was LKR 37.46 compared to LKR 90.48 a year ago.