Chemanex PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 234.97 million compared to LKR 176.76 million a year ago. Net income was LKR 6.75 million compared to LKR 44.63 million a year ago. Basic earnings per share from continuing operations was LKR 0.78 compared to LKR 1.99 a year ago. Basic earnings per share was LKR 0.43 compared to LKR 2.84 a year ago.
For the full year, sales was LKR 1,063.65 million compared to LKR 639.68 million a year ago. Net income was LKR 177.58 million compared to LKR 111.8 million a year ago. Basic earnings per share from continuing operations was LKR 10.81 compared to LKR 6.2 a year ago. Basic earnings per share was LKR 11.31 compared to LKR 7.12 a year ago.