Lanka Ashok Leyland PLC reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was LKR 40.35 million compared to LKR 7.93 million a year ago. Revenue was LKR 2,353.88 million compared to LKR 600 million a year ago. Net loss was LKR 63.97 million compared to net income of LKR 45.29 million a year ago. Basic loss per share from continuing operations was LKR 17.67 compared to basic earnings per share from continuing operations of LKR 12.51 a year ago.
For the full year, sales was LKR 67.81 million compared to LKR 79.57 million a year ago. Revenue was LKR 6,860.96 million compared to LKR 2,973.11 million a year ago. Net income was LKR 342.98 million compared to LKR 4.51 million a year ago. Basic earnings per share from continuing operations was LKR 94.72 compared to LKR 1.24 a year ago.