CT Land Development PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 126.35 million compared to LKR 98.45 million a year ago. Net income was LKR 734.98 million compared to LKR 20.5 million a year ago. Basic earnings per share from continuing operations was LKR 9.11 compared to LKR 0.23 a year ago.
For the full year, sales was LKR 420.26 million compared to LKR 307.14 million a year ago. Net income was LKR 728.3 million compared to net loss of LKR 51.58 million a year ago. Basic earnings per share from continuing operations was LKR 8.82 compared to basic loss per share from continuing operations of LKR 0.58 a year ago.