CT Land Development PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 95.94 million compared to LKR 75.72 million a year ago. Net loss was LKR 26.69 million compared to LKR 87.23 million a year ago. Basic loss per share from continuing operations was LKR 0.33 compared to LKR 1.07 a year ago.
For the nine months, sales was LKR 293.91 million compared to LKR 208.69 million a year ago. Net loss was LKR 6.67 million compared to LKR 72.08 million a year ago. Basic loss per share from continuing operations was LKR 0.08 compared to LKR 0.89 a year ago.