Malwatte Valley Plantations PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was LKR 2,633.44 million compared to LKR 2,783.88 million a year ago. Net income was LKR 128.49 million compared to LKR 789.41 million a year ago. Basic earnings per share from continuing operations was LKR 0.6 compared to LKR 3.5 a year ago.
For the nine months, sales was LKR 7,370.69 million compared to LKR 6,271.98 million a year ago. Net income was LKR 201.02 million compared to LKR 2,189.5 million a year ago. Basic earnings per share from continuing operations was LKR 0.9 compared to LKR 9.8 a year ago.