Vallibel Power Erathna 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 421.75 million compared to LKR 323.96 million a year ago. Net income was LKR 298.8 million compared to LKR 179.63 million a year ago. Basic earnings per share from continuing operations was LKR 0.4 compared to LKR 0.24 a year ago.
For the nine months, sales was LKR 1,215.56 million compared to LKR 921.76 million a year ago. Net income was LKR 780.8 million compared to LKR 488.25 million a year ago. Basic earnings per share from continuing operations was LKR 1.04 compared to LKR 0.65 a year ago.