Lanka IOC PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 74,872.18 million compared to LKR 22,993.24 million a year ago. Net income was LKR 8,233.25 million compared to LKR 889.7 million a year ago. Basic earnings per share from continuing operations was LKR 15.46 compared to LKR 1.67 a year ago.
For the nine months, sales was LKR 212,766.31 million compared to LKR 60,463.6 million a year ago. Net income was LKR 30,516.15 million compared to LKR 1,444.34 million a year ago. Basic earnings per share from continuing operations was LKR 57.31 compared to LKR 2.71 a year ago.