Lanka Milk Foods (CWE) PLC reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was LKR 3,764.89 million compared to LKR 2,251.04 million a year ago. Net income was LKR 36.7 million compared to LKR 91.3 million a year ago. Basic earnings per share from continuing operations was LKR 0.92 compared to LKR 2.28 a year ago.
For the six months, sales was LKR 6,904.51 million compared to LKR 4,567.01 million a year ago. Net income was LKR 919.68 million compared to LKR 644.62 million a year ago. Basic earnings per share from continuing operations was LKR 22.99 compared to LKR 16.12 a year ago.