Kelani Valley Plantations 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 5,001.3 million compared to LKR 2,959.82 million a year ago. Net income was LKR 150.29 million compared to LKR 220.02 million a year ago. Basic earnings per share from continuing operations was LKR 2.21 compared to LKR 3.24 a year ago.
For the nine months, sales was LKR 15,941.66 million compared to LKR 9,562.54 million a year ago. Net income was LKR 1,724.64 million compared to LKR 784.81 million a year ago. Basic earnings per share from continuing operations was LKR 25.36 compared to LKR 11.54 a year ago.