Balangoda Plantations PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was LKR 1,017.31 million compared to LKR 1,858.72 million a year ago. Net income was LKR 42.08 million compared to LKR 448.1 million a year ago. Basic earnings per share from continuing operations was LKR 0.89 compared to LKR 18.96 a year ago.
For the nine months, sales was LKR 3,294.35 million compared to LKR 4,673.12 million a year ago. Net income was LKR 210.65 million compared to LKR 1,060.38 million a year ago. Basic earnings per share from continuing operations was LKR 4.46 compared to LKR 44.86 a year ago.