Cargo Boat Development Company PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 35.05 million compared to LKR 25.67 million a year ago. Net income was LKR 77.79 million compared to LKR 87.34 million a year ago.

Basic earnings per share from continuing operations was LKR 4.31 compared to LKR 4.84 a year ago.