Morison plc Reports Earnings Results for the Third Quarter Ended December 31, 2018
January 25, 2019 at 10:18 am EST
Morison PLC announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced sales was LKR 798.062 million compared to LKR 835.195 million a year ago. Operating income was LKR 23.706 million compared to LKR 220.900 million a year ago. Net income was LKR 32.660 million compared to LKR 180.703 million a year ago. Basic earnings per share was LKR 4.33 compared to LKR 23.93 a year ago. For the nine months, sales was LKR 2,532.064 million compared to LKR 2,611.857 million a year ago. Operating income was LKR 186.376 million compared to LKR 503.638 million a year ago. Net income was LKR 186.532 million compared to LKR 439.240 million a year ago. Basic earnings per share was LKR 24.71 compared to LKR 58.18 a year ago.