Lanka Ventures PLC reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was LKR 78.91 million compared to LKR 145.84 million a year ago. Revenue was LKR 92.59 million compared to LKR 158.23 million a year ago. Net loss was LKR 723.82 million compared to net income of LKR 116.03 million a year ago. Basic loss per share from continuing operations was LKR 14.48 compared to basic earnings per share from continuing operations of LKR 2.32 a year ago.
For the six months, sales was LKR 149.14 million compared to LKR 250.71 million a year ago. Revenue was LKR 164.03 million compared to LKR 267.68 million a year ago. Net loss was LKR 885.08 million compared to net income of LKR 220.2 million a year ago. Basic loss per share from continuing operations was LKR 17.7 compared to basic earnings per share from continuing operations of LKR 4.4 a year ago.