Union Chemicals Lanka PLC reported earnings results for the second quarter and six months ended June 25, 2023. For the second quarter, the company reported sales was LKR 310.06 million compared to LKR 399.03 million a year ago. Net income was LKR 40.54 million compared to net loss of LKR 10.43 million a year ago. Basic earnings per share from continuing operations was LKR 27.03 compared to basic loss per share from continuing operations of LKR 6.95 a year ago.
For the six months, sales was LKR 802.94 million compared to LKR 825.81 million a year ago. Net income was LKR 130.38 million compared to net loss of LKR 44.82 million a year ago. Basic earnings per share from continuing operations was LKR 86.92 compared to basic loss per share from continuing operations of LKR 29.88 a year ago.