Maskeliya Plantations PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 1,396.72 million compared to LKR 1,373.33 million a year ago. Net income was LKR 27.27 million compared to LKR 154.73 million a year ago. Basic earnings per share from continuing operations was LKR 0.51 compared to LKR 2.87 a year ago.
For the nine months, sales was LKR 4,554.62 million compared to LKR 4,446.85 million a year ago. Net income was LKR 236.74 million compared to LKR 818.74 million a year ago. Basic earnings per share from continuing operations was LKR 4.39 compared to LKR 15.17 a year ago.