LAUGFS Power 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 224.51 million compared to LKR 223.83 million a year ago. Net income was LKR 7.54 million compared to net loss of LKR 95.11 million a year ago. Basic earnings per share from continuing operations was LKR 0.02 compared to basic loss per share from continuing operations of LKR 0.25 a year ago.
For the nine months, sales was LKR 710.98 million compared to LKR 742.12 million a year ago. Net income was LKR 25.74 million compared to net loss of LKR 62.54 million a year ago. Basic earnings per share from continuing operations was LKR 0.07 compared to basic loss per share from continuing operations of LKR 0.16 a year ago.