The Swadeshi Industrial Works PLC reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was LKR 1,079.61 million compared to LKR 733.07 million a year ago. Net income was LKR 155.91 million compared to LKR 2.93 million a year ago. Basic earnings per share from continuing operations was LKR 1,044.01 compared to LKR 19.65 a year ago.
For the six months, sales was LKR 2,217.2 million compared to LKR 1,363.98 million a year ago. Net income was LKR 241.02 million compared to net loss of LKR 8.01 million a year ago. Basic earnings per share from continuing operations was LKR 1,613.96 compared to basic loss per share from continuing operations of LKR 53.61 a year ago.