Horana Plantations PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 925.14 million compared to LKR 597.53 million a year ago. Net loss was LKR 236.13 million compared to LKR 7.83 million a year ago. Basic loss per share from continuing operations was LKR 9.45 compared to LKR 0.31 a year ago.
For the nine months, sales was LKR 2,871.36 million compared to LKR 1,858.1 million a year ago. Net income was LKR 109.54 million compared to LKR 3.77 million a year ago. Basic earnings per share from continuing operations was LKR 4.38 compared to LKR 0.15 a year ago.