Laxapana Batteries 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 224.04 million compared to LKR 322.16 million a year ago. Net income was LKR 22.74 million compared to LKR 80.56 million a year ago. Basic earnings per share from continuing operations was LKR 0.34 compared to LKR 1.22 a year ago.
For the six months, sales was LKR 407.95 million compared to LKR 535.29 million a year ago. Net income was LKR 29.2 million compared to LKR 131.27 million a year ago. Basic earnings per share from continuing operations was LKR 0.44 compared to LKR 1.98 a year ago.