HVA Foods PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 347 million compared to LKR 350.32 million a year ago. Net loss was LKR 183.71 million compared to net income of LKR 62.31 million a year ago. Basic loss per share from continuing operations was LKR 1.58 compared to basic earnings per share from continuing operations of LKR 0.54 a year ago. Diluted loss per share from continuing operations was LKR 1.58 compared to diluted earnings per share from continuing operations of LKR 0.68 a year ago.
For the full year, sales was LKR 1,842.86 million compared to LKR 2,353.91 million a year ago. Net loss was LKR 326.23 million compared to LKR 45.62 million a year ago. Basic loss per share from continuing operations was LKR 2.81 compared to LKR 0.27 a year ago. Diluted loss per share from continuing operations was LKR 2.81 compared to LKR 0.27 a year ago.