Talawakelle Tea Estates PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 1,942.06 million compared to LKR 903.91 million a year ago. Net income was LKR 265.03 million compared to LKR 56.95 million a year ago. Basic earnings per share from continuing operations was LKR 5.58 compared to LKR 1.2 a year ago.
For the nine months, sales was LKR 5,829.01 million compared to LKR 3,216.72 million a year ago. Net income was LKR 1,380.29 million compared to LKR 187 million a year ago. Basic earnings per share from continuing operations was LKR 29.06 compared to LKR 3.94 a year ago.