Eastern Merchants 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 645.88 million compared to LKR 692.35 million a year ago. Net income was LKR 0.434 million compared to LKR 10.24 million a year ago.
For the nine months, sales was LKR 1,873.07 million compared to LKR 2,280.12 million a year ago. Net income was LKR 6.29 million compared to LKR 186.75 million a year ago. Basic earnings per share from continuing operations was LKR 0.05 compared to LKR 1.59 a year ago.