Laugfs Gas 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 7,145.79 million compared to LKR 4,134.77 million a year ago. Net income was LKR 984.24 million compared to net loss of LKR 757.53 million a year ago. Basic earnings per share from continuing operations was LKR 2.54 compared to basic loss per share from continuing operations of LKR 1.26 a year ago. Basic earnings per share was LKR 2.54 compared to basic loss per share of LKR 1.96 a year ago.
For the six months, sales was LKR 13,224.67 million compared to LKR 8,084.81 million a year ago. Net income was LKR 265.99 million compared to net loss of LKR 2,510.27 million a year ago. Basic earnings per share from continuing operations was LKR 0.69 compared to basic loss per share from continuing operations of LKR 4.59 a year ago. Basic earnings per share was LKR 0.69 compared to basic loss per share of LKR 6.49 a year ago.