Laugfs Gas PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 6,633.59 million compared to LKR 2,683.08 million a year ago. Net income was LKR 155.35 million compared to net loss of LKR 1,239.89 million a year ago. Basic earnings per share was LKR 0.4 compared to basic loss per share of LKR 3.2 a year ago.
For the full year, sales was LKR 22,526.75 million compared to LKR 24,023.41 million a year ago. Net income was LKR 2,227.48 million compared to net loss of LKR 4,077.07 million a year ago. Basic earnings per share was LKR 5.76 compared to basic loss per share of LKR 10.54 a year ago.