Industrial Asphalts (Ceylon) PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 8.85 million compared to LKR 15.63 million a year ago. Net income was LKR 4.55 million compared to LKR 14.11 million a year ago. Basic earnings per share was LKR 0.001 compared to LKR 0.004 a year ago.
For the nine months, sales was LKR 26.55 million compared to LKR 91.49 million a year ago. Net income was LKR 11.78 million compared to LKR 20.71 million a year ago. Basic earnings per share was LKR 0.003 compared to LKR 0.006 a year ago.