Colombo Investment Trust PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 23.74 million compared to LKR 15.55 million a year ago. Net income was LKR 38.87 million compared to net loss of LKR 62.35 million a year ago. Basic earnings per share from continuing operations was LKR 5.48 compared to basic loss per share from continuing operations of LKR 8.79 a year ago.
For the full year, sales was LKR 49.79 million compared to LKR 44.67 million a year ago. Net income was LKR 44.05 million compared to LKR 55.71 million a year ago. Basic earnings per share from continuing operations was LKR 6.21 compared to LKR 7.85 a year ago.