LAUGFS Power PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 242.68 million compared to LKR 250.22 million a year ago. Net income was LKR 15.97 million compared to LKR 39.38 million a year ago.

Basic earnings per share from continuing operations was LKR 0.04 compared to LKR 0.1 a year ago.