Vallibel Power Erathna 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 583.45 million compared to LKR 322.84 million a year ago. Net income was LKR 392.65 million compared to LKR 108.44 million a year ago. Basic earnings per share from continuing operations was LKR 0.52 compared to LKR 0.14 a year ago.
For the nine months, sales was LKR 1,310.25 million compared to LKR 1,020.19 million a year ago. Net income was LKR 775.37 million compared to LKR 551.68 million a year ago. Basic earnings per share from continuing operations was LKR 1.04 compared to LKR 0.74 a year ago.