Horana Plantations 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 841.74 million compared to LKR 1,055.97 million a year ago. Net income was LKR 18.68 million compared to LKR 215.8 million a year ago. Basic earnings per share from continuing operations was LKR 0.75 compared to LKR 8.63 a year ago.
For the six months, sales was LKR 1,689.85 million compared to LKR 1,946.22 million a year ago. Net income was LKR 73.49 million compared to LKR 345.67 million a year ago. Basic earnings per share from continuing operations was LKR 2.94 compared to LKR 13.83 a year ago.