Colombo City Holdings 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 25.66 million compared to LKR 10.87 million a year ago. Net income was LKR 42.32 million compared to net loss of LKR 53.13 million a year ago. Basic earnings per share from continuing operations was LKR 1.6625 compared to basic loss per share from continuing operations of LKR 2.087 a year ago.
For the full year, sales was LKR 88.21 million compared to LKR 613.47 million a year ago. Net income was LKR 89.55 million compared to LKR 32.55 million a year ago. Basic earnings per share from continuing operations was LKR 3.518 compared to LKR 1.2785 a year ago.