Laxapana Batteries PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 233.11 million compared to LKR 203.41 million a year ago. Net income was LKR 19.52 million compared to LKR 12.13 million a year ago. Basic earnings per share from continuing operations was LKR 0.29 compared to LKR 0.18 a year ago.
For the nine months, sales was LKR 641.06 million compared to LKR 738.7 million a year ago. Net income was LKR 48.72 million compared to LKR 122.21 million a year ago. Basic earnings per share from continuing operations was LKR 0.74 compared to LKR 1.85 a year ago.