Morison PLC Reports Earnings Results for the Second Quarter Ended September 30, 2019
Morison PLC announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced sales was LKR 978.442 million compared to LKR 889.657 million a year ago. Operating income was LKR 81.848 million compared to LKR 79.658 million a year ago. Net income was LKR 62.178 million compared to LKR 77.191 million a year ago. Basic earnings per share was LKR 8.24 compared to LKR 10.22 a year ago. For the half year, sales was LKR 1,644.554 million compared to LKR 1,734.002 million a year ago. Operating income was LKR 92.094 million compared to LKR 162.670 million a year ago. Net income was LKR 81.154 million compared to LKR 153.872 million a year ago. Basic earnings per share was LKR 10.75 compared to LKR 20.38 a year ago.