The Swadeshi Industrial Works PLC reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was LKR 1,137.59 million compared to LKR 630.91 million a year ago. Net income was LKR 85.11 million compared to net loss of LKR 10.94 million a year ago.

Basic earnings per share from continuing operations was LKR 569.95 compared to basic loss per share from continuing operations of LKR 73.27 a year ago.