Melstacorp PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 43,475.02 million compared to LKR 31,292.38 million a year ago. Net income was LKR 2,260.21 million compared to LKR 5,262.4 million a year ago. Basic earnings per share from continuing operations was LKR 1.94 compared to LKR 4.52 a year ago.
For the full year, sales was LKR 170,969.92 million compared to LKR 101,715.76 million a year ago. Net income was LKR 19,614.9 million compared to LKR 10,969.12 million a year ago. Basic earnings per share from continuing operations was LKR 16.83 compared to LKR 9.41 a year ago.