Talawakelle Tea Estates PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 1,857.69 million compared to LKR 1,918.16 million a year ago. Net income was LKR 259.01 million compared to LKR 792.86 million a year ago. Basic earnings per share from continuing operations was LKR 5.45 compared to LKR 16.69 a year ago.
For the six months, sales was LKR 3,732.85 million compared to LKR 3,886.95 million a year ago. Net income was LKR 472.54 million compared to LKR 1,115.26 million a year ago. Basic earnings per share from continuing operations was LKR 9.95 compared to LKR 23.48 a year ago.