Kelani Valley Plantations 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 5,578.18 million compared to LKR 4,762.56 million a year ago. Net income was LKR 532.89 million compared to LKR 362.75 million a year ago. Basic earnings per share from continuing operations was LKR 7.84 compared to LKR 5.33 a year ago. Diluted earnings per share from continuing operations was LKR 7.84 compared to LKR 5.33 a year ago.
For the full year, sales was LKR 19,968.25 million compared to LKR 20,704.23 million a year ago. Net income was LKR 1,173.44 million compared to LKR 2,087.38 million a year ago. Basic earnings per share from continuing operations was LKR 17.26 compared to LKR 30.7 a year ago. Diluted earnings per share from continuing operations was LKR 17.26 compared to LKR 30.7 a year ago.