Seylan Developments PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was LKR 99.93 million compared to LKR 85.22 million a year ago. Revenue was LKR 100.42 million compared to LKR 86.18 million a year ago. Net income was LKR 65.46 million compared to LKR 56.44 million a year ago. Basic earnings per share from continuing operations was LKR 0.44 compared to LKR 0.38 a year ago.
For the nine months, sales was LKR 285.82 million compared to LKR 256.17 million a year ago. Revenue was LKR 303.91 million compared to LKR 264.06 million a year ago. Net income was LKR 204.46 million compared to LKR 272.82 million a year ago. Basic earnings per share from continuing operations was LKR 1.38 compared to LKR 1.84 a year ago.