LAUGFS Power 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 243.8 million compared to LKR 268.06 million a year ago. Net income was LKR 2.23 million compared to net loss of LKR 6.81 million a year ago. Basic earnings per share from continuing operations was LKR 0.01 compared to basic loss per share from continuing operations of LKR 0.02 a year ago.
For the six months, sales was LKR 486.48 million compared to LKR 518.28 million a year ago. Net income was LKR 18.2 million compared to LKR 32.57 million a year ago. Basic earnings per share from continuing operations was LKR 0.05 compared to LKR 0.08 a year ago.