Sierra Cables PLC reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was LKR 1,951.76 million compared to LKR 1,737.45 million a year ago. Net income was LKR 54.21 million compared to LKR 113.52 million a year ago. Basic earnings per share from continuing operations was LKR 0.1 compared to LKR 0.21 a year ago.
For the full year, sales was LKR 8,257.85 million compared to LKR 5,498.56 million a year ago. Net income was LKR 495.41 million compared to LKR 323.02 million a year ago. Basic earnings per share from continuing operations was LKR 0.92 compared to LKR 0.6 a year ago.