Nestlé Lanka PLC Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018
February 21, 2019 at 10:13 am EST
Nestlé Lanka PLC reported earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company's revenue was LKR 9,387,408,000 compared to LKR 9,977,379,000 a year ago. Results from operations was LKR 1,265,758,000 compared to LKR 1,571,108,000 a year ago. Profit was LKR 865,579,000 compared to LKR 1,179,332,000 a year ago. Basic earnings per share was LKR 16.11 compared to LKR 21.95 a year ago.
For the year, the company's revenue was LKR 37,336,943,000 compared to LKR 37,601,472,000 a year ago. Results from operations was LKR 5,147,381,000 compared to LKR 4,887,982,000 a year ago. Profit was LKR 3,485,801,000 compared to LKR 3,635,841,000 a year ago. Basic earnings per share was LKR 64.88 compared to LKR 67.67 a year ago.