Watawala Plantations PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 1,627.29 million compared to LKR 846.11 million a year ago. Net income was LKR 780.87 million compared to LKR 345.59 million a year ago. Basic earnings per share from continuing operations was LKR 3.84 compared to LKR 1.7 a year ago.
For the nine months, sales was LKR 5,033.47 million compared to LKR 2,971.53 million a year ago. Net income was LKR 2,666.91 million compared to LKR 1,263.09 million a year ago. Basic earnings per share from continuing operations was LKR 13.13 compared to LKR 6.21 a year ago.