Lanka Ashok Leyland PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 13.8 million compared to LKR 28.64 million a year ago. Revenue was LKR 2,306.32 million compared to LKR 512.94 million a year ago. Net income was LKR 279.35 million compared to net loss of LKR 9.9 million a year ago. Basic earnings per share from continuing operations was LKR 77.15 compared to basic loss per share from continuing operations of LKR 2.73 a year ago.
For the nine months, sales was LKR 27.46 million compared to LKR 63.52 million a year ago. Revenue was LKR 4,507.09 million compared to LKR 2,373.11 million a year ago. Net income was LKR 406.94 million compared to net loss of LKR 40.79 million a year ago. Basic earnings per share from continuing operations was LKR 112.39 compared to basic loss per share from continuing operations of LKR 11.26 a year ago.