Ceylon Grain Elevators PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was LKR 5,192.5 million compared to LKR 4,515.74 million a year ago. Net income was LKR 937.91 million compared to LKR 1,427.88 million a year ago. Basic earnings per share from continuing operations was LKR 15.63 compared to LKR 23.8 a year ago.
For the nine months, sales was LKR 15,087.24 million compared to LKR 14,743.48 million a year ago. Net income was LKR 2,167.56 million compared to net loss of LKR 200.35 million a year ago. Basic earnings per share from continuing operations was LKR 36.13 compared to basic loss per share from continuing operations of LKR 3.34 a year ago.