Laxapana 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 373.8 million compared to LKR 186.78 million a year ago. Net income was LKR 182.4 million compared to LKR 11.79 million a year ago. Basic earnings per share from continuing operations was LKR 2.75 compared to LKR 0.18 a year ago.
For the full year, sales was LKR 999.52 million compared to LKR 915.64 million a year ago. Net income was LKR 231.12 million compared to LKR 134 million a year ago. Basic earnings per share from continuing operations was LKR 3.49 compared to LKR 2.02 a year ago.