Industrial Asphalts (Ceylon) 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 10.92 million compared to LKR 12.8 million a year ago. Net income was LKR 9.59 million compared to LKR 62.43 million a year ago. Basic earnings per share from continuing operations was LKR 0.003 compared to LKR 0.017 a year ago.
For the six months, sales was LKR 22.07 million compared to LKR 27.77 million a year ago. Net income was LKR 13.26 million compared to LKR 74 million a year ago. Basic earnings per share from continuing operations was LKR 0.004 compared to LKR 0.02 a year ago.