Kolos Cement Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was MUR 654.68 million compared to MUR 652.42 million a year ago. Net loss was MUR 2.19 million compared to net income of MUR 33.69 million a year ago. Basic loss per share from continuing operations was MUR 0.08 compared to basic earnings per share from continuing operations of MUR 1.25 a year ago.
For the six months, sales was MUR 1,176.42 million compared to MUR 1,129.29 million a year ago. Net loss was MUR 47.79 million compared to net income of MUR 45.01 million a year ago. Basic loss per share from continuing operations was MUR 1.77 compared to basic earnings per share from continuing operations of MUR 1.67 a year ago.