Seylan Developments PLC reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was LKR 87.99 million compared to LKR 85.22 million a year ago. Revenue was LKR 98.11 million compared to LKR 91.46 million a year ago. Net income was LKR 65.4 million compared to LKR 159.58 million a year ago. Basic earnings per share from continuing operations was LKR 0.44 compared to LKR 1.08 a year ago.