Industrial Asphalts (Ceylon) PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 14.78 million compared to LKR 11.14 million a year ago. Net loss was LKR 26.25 million compared to net income of LKR 4.55 million a year ago. Basic loss per share was LKR 0.007 compared to basic earnings per share of LKR 0.001 a year ago.
For the nine months, sales was LKR 42.55 million compared to LKR 31.91 million a year ago. Net income was LKR 47.75 million compared to LKR 11.78 million a year ago. Basic earnings per share was LKR 0.013 compared to LKR 0.003 a year ago.