The Nuwara Eliya Hotels Company PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 321.39 million compared to LKR 287.95 million a year ago. Net income was LKR 50.36 million compared to LKR 51.26 million a year ago. Basic earnings per share from continuing operations was LKR 23.04 compared to LKR 23.45 a year ago.
For the full year, sales was LKR 995.53 million compared to LKR 645.55 million a year ago. Net income was LKR 72.14 million compared to LKR 8.06 million a year ago. Basic earnings per share from continuing operations was LKR 33 compared to LKR 3.69 a year ago.