Colombo Land and Development Company PLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was LKR 81.15 million compared to LKR 88.37 million a year ago. Net loss was LKR 16.78 million compared to LKR 20.29 million a year ago. Basic loss per share from continuing operations was LKR 0.08 compared to LKR 0.1 a year ago.
For the six months, sales was LKR 171.46 million compared to LKR 190.31 million a year ago. Net loss was LKR 16.44 million compared to LKR 19.74 million a year ago. Basic loss per share from continuing operations was LKR 0.08 compared to LKR 0.1 a year ago.