Lanka Realty Investments PLC reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was LKR 531.51 million compared to LKR 309.61 million a year ago. Net income was LKR 1,351.66 million compared to LKR 82.32 million a year ago. Basic earnings per share from continuing operations was LKR 6.39 compared to LKR 0.39 a year ago. Diluted earnings per share from continuing operations was LKR 6.39 compared to LKR 0.39 a year ago.
For the full year, sales was LKR 1,238.49 million compared to LKR 431.88 million a year ago. Net income was LKR 1,173.2 million compared to net loss of LKR 212.03 million a year ago. Diluted earnings per share from continuing operations was LKR 5.55 compared to diluted loss per share from continuing operations of LKR 1 a year ago.