Lankem Ceylon PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 8,349.58 million compared to LKR 8,319.98 million a year ago. Net loss was LKR 84.34 million compared to net income of LKR 917.47 million a year ago. Basic loss per share from continuing operations was LKR 1.64 compared to basic earnings per share from continuing operations of LKR 17.83 a year ago.
For the six months, sales was LKR 15,420.71 million compared to LKR 15,897.85 million a year ago. Net loss was LKR 216.33 million compared to net income of LKR 1,484.2 million a year ago. Basic loss per share from continuing operations was LKR 4.2 compared to basic earnings per share from continuing operations of LKR 28.84 a year ago.