Madulsima Plantations PLC reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported sales was LKR 1,060.71 million compared to LKR 705.91 million a year ago. Net loss was LKR 219.81 million compared to LKR 124.26 million a year ago. Basic loss per share from continuing operations was LKR 1.3 compared to LKR 0.73 a year ago.
For the full year, sales was LKR 4,173.3 million compared to LKR 3,099.23 million a year ago. Net income was LKR 197.84 million compared to net loss of LKR 152.37 million a year ago. Basic earnings per share from continuing operations was LKR 1.17 compared to basic loss per share from continuing operations of LKR 0.9 a year ago.