Kahawatte Plantations PLC reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was LKR 915.9 million compared to LKR 807.99 million a year ago. Net loss was LKR 108.07 million compared to LKR 81.85 million a year ago. Basic loss per share from continuing operations was LKR 1.09 compared to LKR 1.02 a year ago.
For the full year, sales was LKR 4,266.52 million compared to LKR 2,979.64 million a year ago. Net loss was LKR 110.36 million compared to LKR 245.77 million a year ago. Basic loss per share from continuing operations was LKR 1.11 compared to LKR 3.07 a year ago.