Millennium Housing Developers 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 87.7 million compared to LKR 47.7 million a year ago. Net income was LKR 23.3 million compared to net loss of LKR 95.99 million a year ago. Basic earnings per share from continuing operations was LKR 0.17 compared to basic loss per share from continuing operations of LKR 0.71 a year ago.
For the six months, sales was LKR 87.7 million compared to LKR 319.59 million a year ago. Net loss was LKR 55.13 million compared to LKR 93.86 million a year ago. Basic loss per share from continuing operations was LKR 0.41 compared to LKR 0.7 a year ago.