Lee Hedges 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 48.85 million compared to LKR 42.01 million a year ago. Net income was LKR 64.09 million compared to LKR 121.71 million a year ago. Basic earnings per share from continuing operations was LKR 2.5 compared to LKR 4.75 a year ago.
For the nine months, sales was LKR 144.56 million compared to LKR 125.03 million a year ago. Net income was LKR 258.78 million compared to LKR 309.62 million a year ago. Basic earnings per share from continuing operations was LKR 10.11 compared to LKR 12.09 a year ago.