Lanka IOC 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 72,021.28 million compared to LKR 74,872.18 million a year ago. Net income was LKR 3,015.45 million compared to LKR 8,233.25 million a year ago. Basic earnings per share from continuing operations was LKR 5.66 compared to LKR 15.46 a year ago.
For the nine months, sales was LKR 188,467.34 million compared to LKR 212,766.31 million a year ago. Net income was LKR 10,520.78 million compared to LKR 30,516.15 million a year ago. Basic earnings per share from continuing operations was LKR 19.76 compared to LKR 57.31 a year ago.