Maskeliya 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 1,373.33 million compared to LKR 765.05 million a year ago. Net income was LKR 154.73 million compared to net loss of LKR 59.81 million a year ago. Basic earnings per share from continuing operations was LKR 2.87 compared to basic loss per share from continuing operations of LKR 1.11 a year ago.
For the nine months, sales was LKR 4,446.85 million compared to LKR 2,745.16 million a year ago. Net income was LKR 818.74 million compared to net loss of LKR 106.75 million a year ago. Basic earnings per share from continuing operations was LKR 15.17 compared to basic loss per share from continuing operations of LKR 1.98 a year ago.