Muller & Phipps (Ceylon) 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 184.05 million compared to LKR 50.02 million a year ago. Net income was LKR 1.4 million compared to net loss of LKR 30.2 million a year ago.
For the nine months, sales was LKR 602.96 million compared to LKR 427.43 million a year ago. Net income was LKR 35.42 million compared to net loss of LKR 67.76 million a year ago. Basic earnings per share from continuing operations was LKR 0.13 compared to basic loss per share from continuing operations of LKR 0.24 a year ago.