Lanka Realty Investments PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 542.22 million compared to LKR 399.01 million a year ago. Net loss was LKR 714.17 million compared to LKR 8.7 million a year ago. Basic loss per share from continuing operations was LKR 3.38 compared to LKR 0.04 a year ago.
For the nine months, sales was LKR 1,558.71 million compared to LKR 707.61 million a year ago. Net loss was LKR 1,216.52 million compared to LKR 162.84 million a year ago. Diluted loss per share from continuing operations was LKR 5.76 compared to LKR 0.77 a year ago.