Watawala Plantations 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 1,885.17 million compared to LKR 2,070.42 million a year ago. Net income was LKR 568.19 million compared to LKR 663.04 million a year ago. Basic earnings per share from continuing operations was LKR 2.79 compared to LKR 3.26 a year ago.
For the nine months, sales was LKR 6,483.34 million compared to LKR 6,649.16 million a year ago. Net income was LKR 2,203.04 million compared to LKR 2,601.33 million a year ago. Basic earnings per share from continuing operations was LKR 10.84 compared to LKR 12.8 a year ago.