Seylan Developments 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 97.91 million compared to LKR 85.73 million a year ago. Revenue was LKR 105.38 million compared to LKR 86.43 million a year ago. Net income was LKR 73.6 million compared to LKR 56.81 million a year ago. Basic earnings per share from continuing operations was LKR 0.5 compared to LKR 0.38 a year ago.
For the six months, sales was LKR 185.89 million compared to LKR 170.95 million a year ago. Revenue was LKR 203.49 million compared to LKR 177.88 million a year ago. Net income was LKR 139 million compared to LKR 216.38 million a year ago. Basic earnings per share from continuing operations was LKR 0.94 compared to LKR 1.46 a year ago.