Co-operative Insurance Company PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was LKR 1,750.37 million compared to LKR 1,529.78 million a year ago. Net loss was LKR 195.4 million compared to net income of LKR 135.83 million a year ago. Basic loss per share from continuing operations was LKR 0.12 compared to basic earnings per share from continuing operations of LKR 0.08 a year ago.
For the six months, revenue was LKR 3,598.42 million compared to LKR 3,011.44 million a year ago. Net loss was LKR 103.22 million compared to net income of LKR 284.01 million a year ago. Basic loss per share from continuing operations was LKR 0.06 compared to basic earnings per share from continuing operations of LKR 0.17 a year ago.