Mercantile Shipping Company PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 5.05 million compared to LKR 4 million a year ago. Net income was LKR 1.2 million compared to LKR 0.530548 million a year ago. Basic earnings per share from continuing operations was LKR 0.42 compared to LKR 0.19 a year ago.
For the full year, sales was LKR 18.44 million compared to LKR 17.2 million a year ago. Net loss was LKR 2.1 million compared to LKR 1.12 million a year ago. Basic loss per share from continuing operations was LKR 0.74 compared to LKR 0.4 a year ago.