Kelani Cables PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 3,835.73 million compared to LKR 2,691.51 million a year ago. Net income was LKR 473.49 million compared to LKR 438.03 million a year ago. Basic earnings per share from continuing operations was LKR 21.72 compared to LKR 20.09 a year ago.
For the nine months, sales was LKR 10,286.88 million compared to LKR 8,730 million a year ago. Net income was LKR 1,381.37 million compared to LKR 2,116.13 million a year ago. Basic earnings per share from continuing operations was LKR 63.37 compared to LKR 97.07 a year ago.