Colombo Land and Development Company PLC reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was LKR 78.83 million compared to LKR 68.52 million a year ago. Net loss was LKR 37.27 million compared to LKR 40.76 million a year ago. Basic loss per share from continuing operations was LKR 0.19 compared to LKR 0.2 a year ago.
For the nine months, sales was LKR 250.29 million compared to LKR 258.83 million a year ago. Net loss was LKR 53.71 million compared to LKR 60.5 million a year ago. Basic loss per share from continuing operations was LKR 0.27 compared to LKR 0.3 a year ago.