Lion Brewery (Ceylon) PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 24,862.45 million compared to LKR 19,017.44 million a year ago. Net income was LKR 1,110.85 million compared to LKR 1,288.71 million a year ago. Basic earnings per share from continuing operations was LKR 13.89 compared to LKR 16.11 a year ago.
For the full year, sales was LKR 94,969.35 million compared to LKR 58,570.89 million a year ago. Net income was LKR 6,991.6 million compared to LKR 3,668.11 million a year ago. Basic earnings per share from continuing operations was LKR 87.4 compared to LKR 45.85 a year ago.