Vallibel Power Erathna PLC reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was LKR 325.48 million compared to LKR 418.44 million a year ago. Net income was LKR 208.83 million compared to LKR 234.16 million a year ago. Basic earnings per share from continuing operations was LKR 0.28 compared to LKR 0.31 a year ago.
For the six months, sales was LKR 697.36 million compared to LKR 793.81 million a year ago. Net income was LKR 443.25 million compared to LKR 482 million a year ago. Basic earnings per share from continuing operations was LKR 0.59 compared to LKR 0.64 a year ago.