Tea Smallholder Factories PLC reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was LKR 932.19 million compared to LKR 502 million a year ago. Net income was LKR 183.22 million compared to LKR 0.463 million a year ago. Basic earnings per share from continuing operations was LKR 6.11 compared to LKR 0.02 a year ago. Diluted earnings per share from continuing operations was LKR 6.11 compared to LKR 0.02 a year ago.