Madulsima Plantations PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was LKR 1,093.78 million compared to LKR 796.44 million a year ago. Net income was LKR 41.28 million compared to net loss of LKR 14.6 million a year ago. Basic earnings per share from continuing operations was LKR 0.24 compared to basic loss per share from continuing operations of LKR 0.09 a year ago.
For the nine months, sales was LKR 3,112.59 million compared to LKR 2,393.32 million a year ago. Net income was LKR 417.65 million compared to net loss of LKR 28.1 million a year ago. Basic earnings per share from continuing operations was LKR 2.46 compared to basic loss per share from continuing operations of LKR 0.17 a year ago.