Talawakelle Tea Estates PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 903.91 million compared to LKR 1,044.97 million a year ago. Net income was LKR 56.95 million compared to LKR 181.29 million a year ago. Basic earnings per share from continuing operations was LKR 1.2 compared to LKR 3.82 a year ago.
For the nine months, sales was LKR 3,216.72 million compared to LKR 3,137.74 million a year ago. Net income was LKR 187 million compared to LKR 353.82 million a year ago. Basic earnings per share from continuing operations was LKR 3.94 compared to LKR 7.45 a year ago.