Lee Hedges PLC reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was LKR 50.85 million compared to LKR 45.65 million a year ago. Net loss was LKR 68.64 million compared to net income of LKR 207.03 million a year ago. Basic loss per share from continuing operations was LKR 2.68 compared to basic earnings per share from continuing operations of LKR 8.09 a year ago.
For the full year, sales was LKR 195.41 million compared to LKR 170.46 million a year ago. Net income was LKR 190.03 million compared to LKR 431.74 million a year ago. Basic earnings per share from continuing operations was LKR 7.42 compared to LKR 16.86 a year ago.