Muller & Phipps (Ceylon) PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 160.54 million compared to LKR 99.42 million a year ago. Net income was LKR 58.16 million compared to net loss of LKR 33.33 million a year ago. Basic earnings per share from continuing operations was LKR 0.21 compared to basic loss per share from continuing operations of LKR 0.12 a year ago.
For the full year, sales was LKR 763.5 million compared to LKR 526.85 million a year ago. Net income was LKR 75.09 million compared to net loss of LKR 88.3 million a year ago. Basic earnings per share from continuing operations was LKR 0.27 compared to basic loss per share from continuing operations of LKR 0.31 a year ago.