Lion Brewery (Ceylon) 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 23,793.78 million compared to LKR 17,790.86 million a year ago. Net income was LKR 2,068.1 million compared to LKR 1,224.22 million a year ago. Basic earnings per share from continuing operations was LKR 25.85 compared to LKR 15.3 a year ago.
For the nine months, sales was LKR 70,106.89 million compared to LKR 39,553.45 million a year ago. Net income was LKR 5,900.54 million compared to LKR 2,380.21 million a year ago. Basic earnings per share from continuing operations was LKR 73.76 compared to LKR 29.75 a year ago.