Dipped Products 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 18,041.72 million compared to LKR 19,586.96 million a year ago. Net income was LKR 708.37 million compared to LKR 827.42 million a year ago. Basic earnings per share from continuing operations was LKR 1.18 compared to LKR 1.38 a year ago. Diluted earnings per share from continuing operations was LKR 1.18 compared to LKR 1.38 a year ago.
For the nine months, sales was LKR 54,865.91 million compared to LKR 61,581.01 million a year ago. Net income was LKR 2,155.3 million compared to LKR 5,703.33 million a year ago. Basic earnings per share from continuing operations was LKR 3.6 compared to LKR 9.53 a year ago. Diluted earnings per share from continuing operations was LKR 3.6 compared to LKR 9.53 a year ago.