Serendib Land PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 6.76 million compared to LKR 7.07 million a year ago. Net income was LKR 6.55 million compared to LKR 5.58 million a year ago. Basic earnings per share from continuing operations was LKR 18.2.
For the full year, sales was LKR 27.05 million compared to LKR 27.05 million a year ago. Net income was LKR 22.97 million compared to LKR 62.33 million a year ago. Basic earnings per share from continuing operations was LKR 63.81 compared to LKR 173.13 a year ago.