Mercantile Shipping Company PLC reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 4 million compared to LKR 5.02 million a year ago. Revenue was LKR 4 million compared to LKR 5.02 million a year ago.

Net income was LKR 0.530547 million compared to net loss of LKR 1.16 million a year ago. Basic earnings per share from continuing operations was LKR 0.19 compared to basic loss per share from continuing operations of LKR 0.41 a year ago.