Exterminators PLC announced its interim financial results for the first nine months of FY23, posting the best ever 3Q and nine-month results since its inception.
During the first nine months of FY23, the revenue increased by 37%, gross profit by 29%, operating profit by 29%, profit before tax by 63%, net profit by 62%, earnings per share increased by 27% and the net assets per share increased by 26% even during the prevailing economic crisis. The company dividend payout in 2022 was LKR 31.5 million, which included a cash dividend of LKR 14 million and a scrip dividend amounting to LKR 17.4 million. Exterminators PLC created history on the Colombo Stock Exchange by migrating to the ‘Diri Savi Board’, just over eight months upon listing on the ‘Empower Board’ of the CSE. In January 2023 the company ventured into ‘Agriculture’ by setting up its first flagship ‘Agri Store’ in Dambulla, under the brand name ‘Enviotech’ to cater to the agricultural sector, plantation sector, livestock, landscape, and hotel sectors by supplying novel energy saving, environmentally sustainable international brands and technologies.
With a captive business presence in the Maldives, the Company plans to expand its global footprint in South Asia, Southeast Asia, the Middle East, Africa and India.