Vallibel Power Erathna PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 463.05 million compared to LKR 325.48 million a year ago. Net income was LKR 236.75 million compared to LKR 208.83 million a year ago. Basic earnings per share from continuing operations was LKR 0.32 compared to LKR 0.28 a year ago.
For the six months, sales was LKR 726.81 million compared to LKR 697.36 million a year ago. Net income was LKR 382.72 million compared to LKR 443.25 million a year ago. Basic earnings per share from continuing operations was LKR 0.51 compared to LKR 0.59 a year ago.