Myland Developments PLC reported earnings results for the fourth quarter and full year ended March 31, 2022. For the fourth quarter, the company reported sales was LKR 83.69 million compared to LKR 64.27 million a year ago. Net income was LKR 3.02 million compared to LKR 10.29 million a year ago. Basic earnings per share from continuing operations was LKR 0.1 compared to LKR 0.34 a year ago.
For the full year, sales was LKR 249.59 million compared to LKR 167.88 million a year ago. Net income was LKR 44.44 million compared to LKR 25.77 million a year ago. Basic earnings per share from continuing operations was LKR 1.48 compared to LKR 0.86 a year ago.