Richard Pieris and Company PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 17,396.51 million compared to LKR 18,442.59 million a year ago. Revenue was LKR 18,469.54 million compared to LKR 19,614.29 million a year ago. Net income was LKR 393.44 million compared to LKR 1,480.34 million a year ago. Basic earnings per share was LKR 0.19 compared to LKR 0.73 a year ago. Diluted earnings per share was LKR 0.19 compared to LKR 0.73 a year ago.
For the six months, sales was LKR 33,904.8 million compared to LKR 39,174.48 million a year ago. Revenue was LKR 36,192.89 million compared to LKR 41,387.91 million a year ago. Net income was LKR 410.03 million compared to LKR 5,054.74 million a year ago. Basic earnings per share was LKR 0.2 compared to LKR 2.48 a year ago. Diluted earnings per share was LKR 0.2 compared to LKR 2.48 a year ago.