Lanka IOC PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 54,746.48 million compared to LKR 49,933.63 million a year ago. Net income was LKR 2,446.23 million compared to LKR 9,926.5 million a year ago.

Basic earnings per share from continuing operations was LKR 4.59 compared to LKR 18.64 a year ago.