Melstacorp plc Reports Earnings Results for the Second Quarter Ended September 30, 2019
November 14, 2019 at 06:16 am EST
Melstacorp PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 37,603.845 million compared to LKR 37,477.850 million a year ago. Operating income was LKR 2,714.290 million compared to LKR 3,189.628 million a year ago. Net income was LKR 623.965 million compared to LKR 1,481.784 million a year ago. Basic earnings per share was LKR 0.54 compared to LKR 1.27 a year ago. For the half year, sales was LKR 75,175.061 million compared to LKR 72,473.871 million a year ago. Operating income was LKR 6,234.638 million compared to LKR 5,564.379 million a year ago. Net income was LKR 1,808.032 million compared to LKR 2,271.135 million a year ago. Basic earnings per share was LKR 1.55 compared to LKR 1.95 a year ago.