Lanka Aluminium Industries 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 686.18 million compared to LKR 600.59 million a year ago. Net income was LKR 72.73 million compared to net loss of LKR 7.91 million a year ago. Basic earnings per share from continuing operations was LKR 1.06 compared to basic loss per share from continuing operations of LKR 0.12 a year ago.
For the nine months, sales was LKR 1,868.08 million compared to LKR 2,100.62 million a year ago. Net income was LKR 169.06 million compared to LKR 187.16 million a year ago. Basic earnings per share from continuing operations was LKR 2.47 compared to LKR 2.73 a year ago.