Madulsima Plantations PLC reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was LKR 705.91 million compared to LKR 718.86 million a year ago. Net loss was LKR 124.26 million compared to net income of LKR 8.78 million a year ago. Basic loss per share from continuing operations was LKR 0.73 compared to basic earnings per share from continuing operations of LKR 0.05 a year ago.
For the full year, sales was LKR 3,099.23 million compared to LKR 2,832.07 million a year ago. Net loss was LKR 152.37 million compared to LKR 200.9 million a year ago. Basic loss per share from continuing operations was LKR 0.9 compared to LKR 1.19 a year ago.