Bairaha Farms PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 3,095.48 million compared to LKR 2,882.19 million a year ago. Net loss was LKR 112.17 million compared to LKR 28.11 million a year ago. Basic loss per share from continuing operations was LKR 6.37 compared to LKR 1.6 a year ago.
For the nine months, sales was LKR 10,083.51 million compared to LKR 8,652.29 million a year ago. Net income was LKR 383.97 million compared to LKR 606.65 million a year ago. Basic earnings per share from continuing operations was LKR 21.82 compared to LKR 34.47 a year ago.