Eastern Merchants 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 830.47 million compared to LKR 541.19 million a year ago. Net loss was LKR 1.26 million compared to LKR 62.86 million a year ago. Basic loss per share from continuing operations was LKR 0.01 compared to LKR 0.54 a year ago.
For the full year, sales was LKR 2,703.54 million compared to LKR 2,801.06 million a year ago. Net income was LKR 3.97 million compared to LKR 124.67 million a year ago. Basic earnings per share from continuing operations was LKR 0.03 compared to LKR 1.06 a year ago.