Panasian Power 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 412.85 million compared to LKR 256.67 million a year ago. Revenue was LKR 412.85 million compared to LKR 256.67 million a year ago. Net income was LKR 59.32 million compared to net loss of LKR 416.82 million a year ago. Basic earnings per share from continuing operations was LKR 0.09 compared to basic loss per share from continuing operations of LKR 0.67 a year ago.
For the full year, sales was LKR 1,490.35 million compared to LKR 1,014.08 million a year ago. Revenue was LKR 1,490.35 million compared to LKR 1,014.08 million a year ago. Net income was LKR 72.03 million compared to net loss of LKR 479.46 million a year ago. Basic earnings per share from continuing operations was LKR 0.12 compared to basic loss per share from continuing operations of LKR 0.77 a year ago.