Bairaha Farms 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 2,882.19 million compared to LKR 1,670.37 million a year ago. Net loss was LKR 28.11 million compared to net income of LKR 232.55 million a year ago. Basic loss per share from continuing operations was LKR 1.6 compared to basic earnings per share from continuing operations of LKR 13.2091 a year ago.
For the nine months, sales was LKR 8,652.29 million compared to LKR 4,416.81 million a year ago. Net income was LKR 606.65 million compared to LKR 487.2 million a year ago. Basic earnings per share from continuing operations was LKR 34.4727 compared to LKR 27.6818 a year ago.