Equity Two 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 43.86 million compared to LKR 37.15 million a year ago. Net income was LKR 25.53 million compared to net loss of LKR 58.38 million a year ago. Basic earnings per share from continuing operations was LKR 0.82 compared to basic loss per share from continuing operations of LKR 1.88 a year ago.
For the nine months, sales was LKR 127.8 million compared to LKR 106.25 million a year ago. Net income was LKR 70.66 million compared to net loss of LKR 22.96 million a year ago. Basic earnings per share from continuing operations was LKR 2.28 compared to basic loss per share from continuing operations of LKR 0.74 a year ago.