Colombo Land and Development Company PLC reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was LKR 86.51 million compared to LKR 90.31 million a year ago. Net loss was LKR 49.96 million compared to net income of LKR 0.341648 million a year ago.

Basic loss per share from continuing operations was LKR 0.25.