Colombo Investment Trust PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 0.61 million compared to LKR 0.735 million a year ago. Net loss was LKR 40.98 million compared to LKR 20.09 million a year ago. Basic loss per share from continuing operations was LKR 5.77 compared to LKR 2.83 a year ago.
For the nine months, sales was LKR 26.05 million compared to LKR 36.24 million a year ago. Net income was LKR 5.17 million compared to LKR 56.04 million a year ago. Basic earnings per share from continuing operations was LKR 0.73 compared to LKR 7.9 a year ago.