Kelsey Developments PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 360.91 million compared to LKR 555.25 million a year ago. Net income was LKR 5.36 million compared to net loss of LKR 92.06 million a year ago. Basic earnings per share from continuing operations was LKR 0.31 compared to basic loss per share from continuing operations of LKR 5.28 a year ago.
For the six months, sales was LKR 446.86 million compared to LKR 687.48 million a year ago. Net loss was LKR 31.86 million compared to LKR 153.45 million a year ago. Basic loss per share from continuing operations was LKR 1.83 compared to LKR 8.8 a year ago.