Melstacorp PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 36,752.77 million compared to LKR 43,872.67 million a year ago. Net income was LKR 1,533.69 million compared to LKR 5,466.79 million a year ago. Basic earnings per share from continuing operations was LKR 1.32 compared to LKR 4.69 a year ago.
For the six months, sales was LKR 68,761.89 million compared to LKR 79,407.61 million a year ago. Net income was LKR 3,766.91 million compared to LKR 12,357.4 million a year ago. Basic earnings per share from continuing operations was LKR 3.23 compared to LKR 10.6 a year ago.