Eastern Merchants PLC reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 541.19 million compared to LKR 963.47 million a year ago. Net loss was LKR 62.86 million compared to net income of LKR 637.52 million a year ago.

Basic loss per share was LKR 0.54 compared to basic earnings per share of LKR 5.43 a year ago.