Richard Pieris and Company 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 18,413.32 million compared to LKR 18,212.77 million a year ago. Revenue was LKR 19,534.46 million compared to LKR 19,461.64 million a year ago. Net income was LKR 527.74 million compared to LKR 344.58 million a year ago. Basic earnings per share was LKR 0.26 compared to LKR 0.17 a year ago. Diluted earnings per share was LKR 0.26 compared to LKR 0.17 a year ago.
For the nine months, sales was LKR 52,315.09 million compared to LKR 57,383.07 million a year ago. Revenue was LKR 55,727.35 million compared to LKR 60,849.55 million a year ago. Net income was LKR 937.77 million compared to LKR 5,399.32 million a year ago. Basic earnings per share was LKR 0.46 compared to LKR 2.65 a year ago. Diluted earnings per share was LKR 0.46 compared to LKR 2.65 a year ago.