Hapugastenne Plantations PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was LKR 1,679.81 million compared to LKR 959.09 million a year ago. Net income was LKR 388.91 million compared to LKR 19.37 million a year ago. Basic earnings per share from continuing operations was LKR 8.4 compared to LKR 0.42 a year ago.
For the nine months, sales was LKR 4,131.21 million compared to LKR 2,910.92 million a year ago. Net income was LKR 718.78 million compared to net loss of LKR 56.22 million a year ago. Basic earnings per share from continuing operations was LKR 15.52 compared to basic loss per share from continuing operations of LKR 1.21 a year ago.