Convenience Foods (Lanka) PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 1,635.73 million compared to LKR 2,378.14 million a year ago. Net income was LKR 39.32 million compared to LKR 137.77 million a year ago. Basic earnings per share from continuing operations was LKR 14.3 compared to LKR 50.1 a year ago.
For the nine months, sales was LKR 4,674.91 million compared to LKR 6,245.26 million a year ago. Net income was LKR 117.61 million compared to LKR 485.57 million a year ago. Basic earnings per share from continuing operations was LKR 42.77 compared to LKR 176.57 a year ago.