Bogala Graphite Lanka PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was LKR 485.57 million compared to LKR 569.98 million a year ago. Net income was LKR 77.75 million compared to LKR 120.27 million a year ago. Basic earnings per share from continuing operations was LKR 0.82 compared to LKR 1.27 a year ago.
For the nine months, sales was LKR 1,243.21 million compared to LKR 1,330.65 million a year ago. Net income was LKR 67.23 million compared to LKR 583.22 million a year ago. Basic earnings per share from continuing operations was LKR 0.71 compared to LKR 6.16 a year ago.