The Swadeshi Industrial Works 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 1,231.02 million compared to LKR 881.17 million a year ago. Net income was LKR 8.1 million compared to LKR 2.06 million a year ago. Basic earnings per share from continuing operations was LKR 54.25 compared to LKR 13.8 a year ago.
For the full year, sales was LKR 4,819.24 million compared to LKR 3,109.78 million a year ago. Net income was LKR 266.05 million compared to LKR 20.48 million a year ago. Basic earnings per share from continuing operations was LKR 1,781.58 compared to LKR 137.13 a year ago.