Lanka IOC PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 61,699.58 million compared to LKR 87,960.5 million a year ago. Net income was LKR 5,059.1 million compared to LKR 12,356.41 million a year ago. Basic earnings per share from continuing operations was LKR 9.5 compared to LKR 23.21 a year ago.
For the six months, sales was LKR 116,446.06 million compared to LKR 137,894.13 million a year ago. Net income was LKR 7,505.33 million compared to LKR 22,282.91 million a year ago. Basic earnings per share from continuing operations was LKR 14.1 compared to LKR 41.85 a year ago.