Laugfs Gas PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 7,808.35 million compared to LKR 5,641.32 million a year ago. Net income was LKR 4,582.4 million compared to net loss of LKR 980.69 million a year ago. Basic earnings per share was LKR 11.84 compared to basic loss per share of LKR 2.53 a year ago.
For the nine months, sales was LKR 15,893.16 million compared to LKR 21,340.33 million a year ago. Net income was LKR 2,072.12 million compared to net loss of LKR 2,837.18 million a year ago. Basic earnings per share was LKR 5.35 compared to basic loss per share of LKR 7.33 a year ago.