Agalawatte Plantations PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was LKR 1,273.67 million compared to LKR 1,320.75 million a year ago. Net income was LKR 175.1 million compared to LKR 544.59 million a year ago. Basic earnings per share from continuing operations was LKR 1.12 compared to LKR 3.49 a year ago.
For the six months, sales was LKR 2,762.85 million compared to LKR 2,315.63 million a year ago. Net income was LKR 592.32 million compared to LKR 833.12 million a year ago. Basic earnings per share from continuing operations was LKR 3.79 compared to LKR 5.33 a year ago.