Kelsey Developments PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 73.88 million compared to LKR 250.65 million a year ago. Net loss was LKR 80.51 million compared to net income of LKR 29.09 million a year ago. Basic loss per share from continuing operations was LKR 4.62 compared to basic earnings per share from continuing operations of LKR 1.67 a year ago.
For the nine months, sales was LKR 149.92 million compared to LKR 613.65 million a year ago. Net loss was LKR 181.59 million compared to net income of LKR 14.39 million a year ago. Basic loss per share from continuing operations was LKR 10.42 compared to basic earnings per share from continuing operations of LKR 0.83 a year ago.