Colombo Land and Development Company PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was LKR 92.96 million compared to LKR 81.15 million a year ago. Net loss was LKR 54.58 million compared to LKR 16.78 million a year ago. Basic loss per share from continuing operations was LKR 0.27 compared to LKR 0.08 a year ago.
For the six months, sales was LKR 179.47 million compared to LKR 171.46 million a year ago. Net loss was LKR 104.54 million compared to LKR 16.44 million a year ago. Basic loss per share from continuing operations was LKR 0.52 compared to LKR 0.08 a year ago.