Seylan Developments PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was LKR 96.6 million compared to LKR 99.93 million a year ago. Revenue was LKR 97.25 million compared to LKR 100.42 million a year ago. Net income was LKR 65.98 million compared to LKR 65.46 million a year ago. Basic earnings per share from continuing operations was LKR 0.45 compared to LKR 0.44 a year ago.
For the nine months, sales was LKR 297.86 million compared to LKR 285.82 million a year ago. Revenue was LKR 300.86 million compared to LKR 303.91 million a year ago. Net income was LKR 196.04 million compared to LKR 204.46 million a year ago. Basic earnings per share from continuing operations was LKR 1.32 compared to LKR 1.38 a year ago.