Colombo Dockyard PLC reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was LKR 7,014.06 million compared to LKR 8,466.58 million a year ago. Net loss was LKR 1,155.05 million compared to net income of LKR 285.15 million a year ago. Basic loss per share from continuing operations was LKR 16.07 compared to basic earnings per share from continuing operations of LKR 3.97 a year ago.

For the full year, the company reported sales was LKR 36,152.39 million compared to LKR 27,291.73 million a year ago. Net loss was LKR 10,945.38 million compared to net income of LKR 673.72 million a year ago. Basic loss per share from continuing operations was LKR 152.32 compared to basic earnings per share from continuing operations of LKR 9.38 a year ago.