Property Development PLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was LKR 232.78 million compared to LKR 225.7 million a year ago. Revenue was LKR 235.55 million compared to LKR 256.18 million a year ago. Net income was LKR 194.9 million compared to LKR 195.77 million a year ago. Basic earnings per share from continuing operations was LKR 2.95 compared to LKR 2.97 a year ago.
For the six months, sales was LKR 465.04 million compared to LKR 454.5 million a year ago. Revenue was LKR 470.11 million compared to LKR 493.61 million a year ago. Net income was LKR 360.05 million compared to LKR 352.24 million a year ago. Basic earnings per share from continuing operations was LKR 5.46 compared to LKR 5.34 a year ago.