Lanka Ventures PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 75.88 million compared to LKR 143.77 million a year ago. Revenue was LKR 84.39 million compared to LKR 147.34 million a year ago. Net income was LKR 951.6 million compared to LKR 18.48 million a year ago. Basic earnings per share from continuing operations was LKR 19.03 compared to LKR 0.37 a year ago.
For the nine months, sales was LKR 225.02 million compared to LKR 394.48 million a year ago. Revenue was LKR 248.41 million compared to LKR 415.01 million a year ago. Net income was LKR 66.53 million compared to LKR 238.68 million a year ago. Basic earnings per share from continuing operations was LKR 1.33 compared to LKR 4.77 a year ago.