Melstacorp PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 44,533.63 million compared to LKR 45,143.95 million a year ago. Net income was LKR 2,915.64 million compared to LKR 4,997.3 million a year ago. Basic earnings per share from continuing operations was LKR 2.5 compared to LKR 4.29 a year ago.
For the nine months, sales was LKR 111,765.64 million compared to LKR 123,218.56 million a year ago. Net income was LKR 6,682.55 million compared to LKR 17,354.7 million a year ago. Basic earnings per share from continuing operations was LKR 5.73 compared to LKR 14.89 a year ago.