The Swadeshi Industrial Works PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 1,175.97 million compared to LKR 1,079.61 million a year ago. Net income was LKR 63.87 million compared to LKR 155.91 million a year ago. Basic earnings per share from continuing operations was LKR 427.71 compared to LKR 1,044.01 a year ago.
For the six months, sales was LKR 2,375.51 million compared to LKR 2,217.2 million a year ago. Net income was LKR 92.23 million compared to LKR 241.02 million a year ago. Basic earnings per share from continuing operations was LKR 617.61 compared to LKR 1,613.96 a year ago.