Kelani Cables 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 2,691.51 million compared to LKR 4,329.63 million a year ago. Net income was LKR 438.03 million compared to LKR 739.17 million a year ago. Basic earnings per share from continuing operations was LKR 20.09 compared to LKR 33.91 a year ago.
For the nine months, sales was LKR 8,730 million compared to LKR 10,989.68 million a year ago. Net income was LKR 2,116.13 million compared to LKR 1,223.91 million a year ago. Basic earnings per share from continuing operations was LKR 97.07 compared to LKR 56.14 a year ago.