Lanka Milk Foods (CWE) 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 2,475.57 million compared to LKR 1,928.15 million a year ago. Net income was LKR 560.31 million compared to LKR 446.69 million a year ago. Basic earnings per share from continuing operations was LKR 14.01 compared to LKR 11.17 a year ago.
For the nine months, sales was LKR 7,042.58 million compared to LKR 5,818.9 million a year ago. Net income was LKR 1,204.93 million compared to LKR 697.87 million a year ago. Basic earnings per share from continuing operations was LKR 30.12 compared to LKR 17.45 a year ago.