Abans Electricals 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 2,324.22 million compared to LKR 1,032.63 million a year ago. Net income was LKR 212.28 million compared to LKR 39.14 million a year ago. Basic earnings per share from continuing operations was LKR 41.54 compared to LKR 7.66 a year ago.
For the nine months, sales was LKR 4,723.37 million compared to LKR 3,936.78 million a year ago. Net income was LKR 332.22 million compared to LKR 105.41 million a year ago. Basic earnings per share from continuing operations was LKR 65.01 compared to LKR 20.63 a year ago.