Lanka Ashok Leyland 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 61.85 million compared to LKR 13.8 million a year ago. Revenue was LKR 495.93 million compared to LKR 2,306.32 million a year ago. Net income was LKR 91.49 million compared to LKR 279.35 million a year ago. Basic earnings per share from continuing operations was LKR 25.27 compared to LKR 77.15 a year ago.
For the nine months, sales was LKR 185.29 million compared to LKR 27.46 million a year ago. Revenue was LKR 2,854.1 million compared to LKR 4,507.09 million a year ago. Net income was LKR 95 million compared to LKR 406.94 million a year ago. Basic earnings per share from continuing operations was LKR 26.24 compared to LKR 112.39 a year ago.