Industrial Asphalts (Ceylon) 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 10.3 million compared to LKR 10.29 million a year ago. Net loss was LKR 22.34 million compared to LKR 26.25 million a year ago. Basic loss per share from continuing operations was LKR 0.006 compared to LKR 0.007 a year ago.
For the nine months, sales was LKR 32.37 million compared to LKR 29.77 million a year ago. Net loss was LKR 9.09 million compared to net income of LKR 47.75 million a year ago. Basic loss per share from continuing operations was LKR 0.002 compared to basic earnings per share from continuing operations of LKR 0.013 a year ago.