Eastern Merchants PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 14, 2023 at 09:44 am EST
Eastern Merchants PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 720.08 million compared to LKR 968.06 million a year ago. Net income was LKR 38.36 million compared to LKR 67.76 million a year ago. Basic earnings per share from continuing operations was LKR 0.33 compared to LKR 0.58 a year ago.
For the six months, sales was LKR 1,260.01 million compared to LKR 1,682.35 million a year ago. Net income was LKR 7.32 million compared to LKR 174.45 million a year ago. Basic earnings per share from continuing operations was LKR 0.06 compared to LKR 1.49 a year ago.