Property Development PLC reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was LKR 232.26 million compared to LKR 228.8 million a year ago. Revenue was LKR 234.56 million compared to LKR 237.43 million a year ago. Net income was LKR 165.15 million compared to LKR 156.47 million a year ago. Basic earnings per share from continuing operations was LKR 2.5 compared to LKR 2.37 a year ago.