Balangoda Plantations PLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was LKR 1,769.59 million compared to LKR 1,100.27 million a year ago. Net income was LKR 460.29 million compared to LKR 28.69 million a year ago. Basic earnings per share from continuing operations was LKR 19.47 compared to LKR 1.21 a year ago.
For the six months, sales was LKR 2,814.4 million compared to LKR 2,030.98 million a year ago. Net income was LKR 612.28 million compared to LKR 19.53 million a year ago. Basic earnings per share from continuing operations was LKR 25.9 compared to LKR 0.83 a year ago.