Ceylon Grain Elevators 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 5,678.72 million compared to LKR 4,543.64 million a year ago. Net income was LKR 855.52 million compared to net loss of LKR 293.51 million a year ago. Basic earnings per share from continuing operations was LKR 14.26 compared to basic loss per share from continuing operations of LKR 4.89 a year ago.
For the six months, sales was LKR 9,894.74 million compared to LKR 10,227.74 million a year ago. Net income was LKR 1,229.64 million compared to net loss of LKR 1,628.23 million a year ago. Basic earnings per share from continuing operations was LKR 20.49 compared to basic loss per share from continuing operations of LKR 27.14 a year ago.