Laugfs Gas PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 7,326.76 million compared to LKR 7,808.35 million a year ago. Net loss was LKR 285.88 million compared to net income of LKR 4,494.96 million a year ago. Basic loss per share from continuing operations was LKR 0.74 compared to basic earnings per share from continuing operations of LKR 0.83 a year ago. Basic loss per share was LKR 0.74 compared to basic earnings per share of LKR 11.61 a year ago.
For the nine months, sales was LKR 20,551.42 million compared to LKR 15,893.16 million a year ago. Net loss was LKR 19.89 million compared to net income of LKR 1,984.68 million a year ago. Basic loss per share from continuing operations was LKR 0.05 compared to LKR 3.76 a year ago. Basic loss per share was LKR 0.05 compared to basic earnings per share of LKR 5.13 a year ago.