Earnings per share for the quarter were 0.033 US cents compared with 0.01 the previous year.
Gross profit of the firm, , which supplies knitted cotton and synthetic fabric to Sri Lanka's apparel export business and to export markets, also fell, down 78 percent to 787,106 dollars.
Cotton prices have been volatile this year, hitting record highs earlier this year before coming down because of poor harvests and strong demand.
