East West Properties 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 33.73 million compared to LKR 31.58 million a year ago. Net income was LKR 16.65 million compared to net loss of LKR 11.29 million a year ago. Basic earnings per share from continuing operations was LKR 0.12 compared to basic loss per share from continuing operations of LKR 0.08 a year ago.
For the nine months, sales was LKR 99.58 million compared to LKR 88.77 million a year ago. Net income was LKR 64.21 million compared to LKR 104.14 million a year ago. Basic earnings per share from continuing operations was LKR 0.46 compared to LKR 0.75 a year ago.