Mahaweli Coconut Plantations PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 98.7 million compared to LKR 79.54 million a year ago. Net income was LKR 20.57 million compared to LKR 58.68 million a year ago. Basic earnings per share from continuing operations was LKR 0.59 compared to LKR 1.68 a year ago. Diluted earnings per share from continuing operations was LKR 0.59 compared to LKR 1.68 a year ago.
For the full year, sales was LKR 324.5 million compared to LKR 244.42 million a year ago. Net income was LKR 53.87 million compared to LKR 191.28 million a year ago. Basic earnings per share from continuing operations was LKR 1.54 compared to LKR 5.46 a year ago. Diluted earnings per share from continuing operations was LKR 1.54 compared to LKR 5.46 a year ago.