Lanka Ceramic 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 50.01 million compared to LKR 56.69 million a year ago. Net income was LKR 8.96 million compared to net loss of LKR 35.93 million a year ago. Basic earnings per share from continuing operations was LKR 1.49 compared to basic loss per share from continuing operations of LKR 5.99 a year ago.
For the nine months, sales was LKR 154.7 million compared to LKR 369.1 million a year ago. Net income was LKR 24.96 million compared to net loss of LKR 24.26 million a year ago. Basic earnings per share from continuing operations was LKR 4.16 compared to basic loss per share from continuing operations of LKR 4.04 a year ago.