Chemanex plc Reports Earnings Results for the Second Quarter Ended September 30, 2019
Chemanex PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 99.429 million compared to LKR 129.499 million a year ago. Net income was LKR 164.946 million compared to LKR 6.875 million a year ago. Basic earnings per share from continuing operations was LKR 10.41 compared to basic loss per share from continuing operations of LKR 0.11 a year ago. Basic earnings per share was LKR 10.47 compared to LKR 0.44 a year ago. For the half year, sales was LKR 177.512 million compared to LKR 237.072 million a year ago. Net income was LKR 191.124 million compared to LKR 46.401 million a year ago. Basic earnings per share from continuing operations was LKR 12.06 compared to LKR 1.4 a year ago. Basic earnings per share was LKR 12.13 compared to LKR 2.95 a year ago.