Madulsima Plantations PLC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 12:11 pm
Madulsima Plantations PLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was LKR 1,293.02 million compared to LKR 872.32 million a year ago. Net income was LKR 276.85 million compared to net loss of LKR 74.3 million a year ago. Basic earnings per share from continuing operations was LKR 1.63 compared to basic loss per share from continuing operations of LKR 0.44 a year ago.
For the six months, sales was LKR 2,018.81 million compared to LKR 1,596.88 million a year ago. Net income was LKR 376.38 million compared to net loss of LKR 13.5 million a year ago. Basic earnings per share from continuing operations was LKR 2.22 compared to basic loss per share from continuing operations of LKR 0.08 a year ago.