Watawala Plantations 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 1,837.57 million compared to LKR 2,118.88 million a year ago. Net income was LKR 155.73 million compared to net loss of LKR 237.04 million a year ago. Basic earnings per share from continuing operations was LKR 0.77 compared to basic loss per share from continuing operations of LKR 1.17 a year ago.
For the full year, sales was LKR 8,320.9 million compared to LKR 8,768.04 million a year ago. Net income was LKR 2,358.77 million compared to LKR 2,364.29 million a year ago. Basic earnings per share from continuing operations was LKR 11.6 compared to LKR 11.63 a year ago.