Mercantile Investments and Finance PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net income was LKR 93.33 million compared to LKR 23.29 million a year ago. Basic earnings per share from continuing operations was LKR 31.05 compared to LKR 7.75 a year ago.
For the nine months, net income was LKR 233.91 million compared to LKR 32.78 million a year ago. Basic earnings per share from continuing operations was LKR 77.81 compared to LKR 10.91 a year ago.