Bogawantalawa Tea Estates 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 1,204.32 million compared to LKR 691.59 million a year ago. Net income was LKR 183.36 million compared to net loss of LKR 22.51 million a year ago. Basic earnings per share from continuing operations was LKR 2.19 compared to basic loss per share from continuing operations of LKR 0.27 a year ago.
For the nine months, sales was LKR 3,795.19 million compared to LKR 2,306.96 million a year ago. Net income was LKR 1,021.38 million compared to net loss of LKR 134.58 million a year ago. Basic earnings per share from continuing operations was LKR 12.2 compared to basic loss per share from continuing operations of LKR 1.61 a year ago.