Laxapana Batteries PLC reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was LKR 261.58 million compared to LKR 202.92 million a year ago. Net income was LKR 38.14 million compared to LKR 7.49 million a year ago. Basic earnings per share from continuing operations was LKR 0.58 compared to LKR 0.19 a year ago.
For the full year, sales was LKR 869.83 million compared to LKR 753.25 million a year ago. Net income was LKR 98.2 million compared to LKR 84.71 million a year ago. Basic earnings per share from continuing operations was LKR 1.48 compared to LKR 2.17 a year ago.