Lanka Realty Investments 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 296.83 million compared to LKR 542.22 million a year ago. Net loss was LKR 152.86 million compared to LKR 714.17 million a year ago. Basic loss per share from continuing operations was LKR 0.72 compared to LKR 3.38 a year ago.
For the nine months, sales was LKR 770.12 million compared to LKR 1,558.71 million a year ago. Net loss was LKR 498.69 million compared to LKR 1,216.52 million a year ago. Basic loss per share from continuing operations was LKR 2.36 compared to LKR 5.76 a year ago.