Dipped Products 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 18,518.3 million compared to LKR 12,550.44 million a year ago. Net income was LKR 803.75 million compared to LKR 2,364.5 million a year ago. Basic earnings per share from continuing operations was LKR 1.34 compared to LKR 3.95 a year ago. Diluted earnings per share from continuing operations was LKR 1.34 compared to LKR 3.95 a year ago.
For the full year, sales was LKR 80,099.31 million compared to LKR 55,293.98 million a year ago. Net income was LKR 6,507.08 million compared to LKR 5,382.65 million a year ago. Basic earnings per share from continuing operations was LKR 10.87 compared to LKR 8.99 a year ago. Diluted earnings per share from continuing operations was LKR 10.87 compared to LKR 8.99 a year ago.