Panasian Power 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 671.19 million compared to LKR 268.51 million a year ago. Net income was LKR 148.78 million compared to net loss of LKR 31.98 million a year ago. Basic earnings per share from continuing operations was LKR 0.24.
For the nine months, sales was LKR 1,077.5 million compared to LKR 757.41 million a year ago. Net income was LKR 17.42 million compared to net loss of LKR 38.65 million a year ago. Basic earnings per share from continuing operations was LKR 0.03.