Ceylon Grain Elevators PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was LKR 4,515.74 million compared to LKR 6,794.15 million a year ago. Net income was LKR 1,427.88 million compared to LKR 31.12 million a year ago. Basic earnings per share from continuing operations was LKR 23.8 compared to LKR 0.52 a year ago.
For the nine months, sales was LKR 14,743.48 million compared to LKR 19,153.04 million a year ago. Net loss was LKR 200.35 million compared to net income of LKR 362.08 million a year ago. Basic loss per share from continuing operations was LKR 3.34 compared to basic earnings per share from continuing operations of LKR 6.03 a year ago.