Vallibel Power Erathna 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 106.71 million compared to LKR 155.22 million a year ago. Net loss was LKR 15.82 million compared to net income of LKR 63.82 million a year ago. Basic loss per share from continuing operations was LKR 0.02 compared to basic earnings per share from continuing operations of LKR 0.09 a year ago.
For the full year, sales was LKR 1,322.27 million compared to LKR 1,076.98 million a year ago. Net income was LKR 764.98 million compared to LKR 552.07 million a year ago. Basic earnings per share from continuing operations was LKR 1.02 compared to LKR 0.74 a year ago.