Brown and Company 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 18,256.34 million compared to LKR 20,660.71 million a year ago. Net income was LKR 9,362.96 million compared to net loss of LKR 5,564.31 million a year ago. Basic earnings per share from continuing operations was LKR 44.04 compared to basic loss per share from continuing operations of LKR 26.17 a year ago. Diluted earnings per share from continuing operations was LKR 44.04 compared to diluted loss per share from continuing operations of LKR 26.17 a year ago.
For the nine months, sales was LKR 56,522.92 million compared to LKR 54,146.44 million a year ago. Net income was LKR 5,854.86 million compared to net loss of LKR 5,509.74 million a year ago. Basic earnings per share from continuing operations was LKR 27.54 compared to basic loss per share from continuing operations of LKR 25.91 a year ago. Diluted earnings per share from continuing operations was LKR 27.54 compared to diluted loss per share from continuing operations of LKR 25.91 a year ago.