Tess Agro PLC reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was LKR 2.29 million compared to LKR 3.6 million a year ago. Net income was LKR 46.13 million compared to net loss of LKR 1.3 million a year ago. Basic earnings per share from continuing operations was LKR 0.12.
For the full year, sales was LKR 13.88 million compared to LKR 4.99 million a year ago. Net income was LKR 47.27 million compared to net loss of LKR 40.91 million a year ago. Basic earnings per share from continuing operations was LKR 0.12 compared to basic loss per share from continuing operations of LKR 0.1 a year ago.