Sorry to be a contrarian, but the orientation for the 78l05 shown on the layout is correct.
No-one said the layout was wrong, only that if you're getting 1.2V out of it, putting it in the other way around is a likely solution since it's probably back-to-front.
I've made this stupid mistake enough times to know by now, but it still happens.

If the PT2399 is socketed, you could test it with the chip taken out. It's good practice to check power voltages first before putting chips in, in general. Another potential cause is something dragging the output down, like a bad 2399, or a short.
HTH