Laxapana Batteries 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 203.41 million compared to LKR 230.88 million a year ago. Net income was LKR 12.13 million compared to LKR 33.92 million a year ago. Basic earnings per share from continuing operations was LKR 0.18 compared to LKR 0.51 a year ago.
For the nine months, sales was LKR 738.7 million compared to LKR 608.25 million a year ago. Net income was LKR 122.21 million compared to LKR 60.07 million a year ago. Basic earnings per share from continuing operations was LKR 1.85 compared to LKR 0.91 a year ago.