Mahaweli Coconut Plantations PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 100.67 million compared to LKR 57.71 million a year ago. Net income was LKR 35.34 million compared to LKR 31.19 million a year ago. Basic earnings per share from continuing operations was LKR 1.01 compared to LKR 0.89 a year ago. Diluted earnings per share from continuing operations was LKR 1.01 compared to LKR 0.89 a year ago.
For the nine months, sales was LKR 225.8 million compared to LKR 164.87 million a year ago. Net income was LKR 33.3 million compared to LKR 84.46 million a year ago. Basic earnings per share from continuing operations was LKR 0.95 compared to LKR 2.41 a year ago. Diluted earnings per share from continuing operations was LKR 0.95 compared to LKR 2.41 a year ago.