CT Land Development PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 75.72 million compared to LKR 59.37 million a year ago. Net loss was LKR 87.23 million compared to LKR 24.13 million a year ago. Basic loss per share from continuing operations was LKR 1.07 compared to LKR 0.3 a year ago.
For the nine months, sales was LKR 208.69 million compared to LKR 159.09 million a year ago. Net loss was LKR 72.08 million compared to LKR 47.08 million a year ago. Basic loss per share from continuing operations was LKR 0.89 compared to LKR 0.58 a year ago.