Agarapatana Plantations Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 1,542 million compared to LKR 2,009.75 million a year ago. Net income was LKR 38.12 million compared to LKR 512.48 million a year ago. Basic earnings per share from continuing operations was LKR 0.08 compared to LKR 1.23 a year ago.
For the nine months, sales was LKR 5,421.42 million compared to LKR 6,405.18 million a year ago. Net income was LKR 262.41 million compared to LKR 1,884.27 million a year ago. Basic earnings per share from continuing operations was LKR 0.52 compared to LKR 4.52 a year ago.