The Kingsbury PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 1,416.58 million compared to LKR 1,189.1 million a year ago. Net income was LKR 57.46 million compared to net loss of LKR 34.43 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 0.07 a year ago.
For the nine months, sales was LKR 3,863.83 million compared to LKR 2,604.82 million a year ago. Net income was LKR 183.23 million compared to net loss of LKR 369.36 million a year ago. Basic earnings per share from continuing operations was LKR 0.38 compared to basic loss per share from continuing operations of LKR 0.76 a year ago.