Cargo Boat Development Company 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 29.84 million compared to LKR 26.18 million a year ago. Net income was LKR 32.4 million compared to LKR 41.82 million a year ago. Basic earnings per share from continuing operations was LKR 1.8 compared to LKR 2.32 a year ago.
For the nine months, sales was LKR 82.87 million compared to LKR 77.69 million a year ago. Net income was LKR 142.71 million compared to LKR 147.41 million a year ago. Basic earnings per share from continuing operations was LKR 7.91 compared to LKR 8.18 a year ago.