Tokyo Cement Company (Lanka) PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 11,347.59 million compared to LKR 12,078.98 million a year ago. Net income was LKR 195.64 million compared to LKR 556.37 million a year ago. Basic earnings per share from continuing operations was LKR 0.44 compared to LKR 1.26 a year ago.
For the nine months, sales was LKR 36,678.6 million compared to LKR 42,396.31 million a year ago. Net income was LKR 1,699 million compared to LKR 4,264.61 million a year ago. Basic earnings per share from continuing operations was LKR 3.85 compared to LKR 9.67 a year ago.