Madulsima Plantations PLC reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was LKR 977.04 million compared to LKR 725.79 million a year ago. Net loss was LKR 105.29 million compared to net income of LKR 99.53 million a year ago.

Basic loss per share from continuing operations was LKR 0.62 compared to basic earnings per share from continuing operations of LKR 0.59 a year ago.