Chemanex 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 217.48 million compared to LKR 221.05 million a year ago. Net income was LKR 43.22 million compared to LKR 23.6 million a year ago. Basic earnings per share from continuing operations was LKR 2.7 compared to LKR 1.42 a year ago. Basic earnings per share was LKR 2.75 compared to LKR 1.5 a year ago.
For the nine months, sales was LKR 564.79 million compared to LKR 828.67 million a year ago. Net income was LKR 57.96 million compared to LKR 170.84 million a year ago. Basic earnings per share from continuing operations was LKR 3.52 compared to LKR 10.03 a year ago. Basic earnings per share was LKR 3.69 compared to LKR 10.88 a year ago.