Kelani Tyres PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 6.37 million compared to LKR 0.217 million a year ago. Net income was LKR 230.28 million compared to LKR 299.85 million a year ago. Basic earnings per share from continuing operations was LKR 2.86 compared to LKR 3.73 a year ago.
For the nine months, sales was LKR 197.99 million compared to LKR 60.13 million a year ago. Net income was LKR 529.09 million compared to LKR 697.06 million a year ago. Basic earnings per share from continuing operations was LKR 6.58 compared to LKR 8.67 a year ago.