Kelani Valley Plantations 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 4,810.03 million compared to LKR 5,464.88 million a year ago. Net income was LKR 305.78 million compared to LKR 697.12 million a year ago. Basic earnings per share from continuing operations was LKR 4.5 compared to LKR 10.25 a year ago.
For the six months, sales was LKR 10,106.3 million compared to LKR 10,940.37 million a year ago. Net income was LKR 481.6 million compared to LKR 1,574.35 million a year ago. Basic earnings per share from continuing operations was LKR 7.08 compared to LKR 23.15 a year ago.