Richard Pieris and Company PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 16,511.99 million compared to LKR 20,740.04 million a year ago. Revenue was LKR 17,723.35 million compared to LKR 21,773.62 million a year ago.

Net income was LKR 16.59 million compared to LKR 3,574.4 million a year ago. Basic earnings per share was LKR 0.01 compared to LKR 1.76 a year ago. Diluted earnings per share was LKR 0.01 compared to LKR 1.76 a year ago.