Lanka Aluminium Industries 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 600.59 million compared to LKR 775.77 million a year ago. Net loss was LKR 7.91 million compared to net income of LKR 121.47 million a year ago. Basic loss per share from continuing operations was LKR 0.12 compared to basic earnings per share from continuing operations of LKR 1.77 a year ago.
For the nine months, sales was LKR 2,100.62 million compared to LKR 1,809.11 million a year ago. Net income was LKR 187.16 million compared to LKR 225.03 million a year ago. Basic earnings per share from continuing operations was LKR 2.73 compared to LKR 3.28 a year ago.