Bogala Graphite Lanka PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was LKR 569.98 million compared to LKR 276.77 million a year ago. Net income was LKR 120.27 million compared to LKR 50.91 million a year ago. Basic earnings per share from continuing operations was LKR 1.27 compared to LKR 0.54 a year ago.
For the nine months, sales was LKR 1,330.65 million compared to LKR 840.86 million a year ago. Net income was LKR 583.22 million compared to LKR 192.6 million a year ago. Basic earnings per share from continuing operations was LKR 6.16 compared to LKR 2.04 a year ago.