Melstacorp PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 34,341.58 million compared to LKR 37,101.97 million a year ago. Net income was LKR 2,233.22 million compared to LKR 6,890.62 million a year ago.

Basic earnings per share from continuing operations was LKR 1.92 compared to LKR 5.91 a year ago.