Muller & Phipps (Ceylon) PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 139.51 million compared to LKR 265.08 million a year ago. Net loss was LKR 35.68 million compared to LKR 70.65 million a year ago.

Basic loss per share from continuing operations was LKR 0.13 compared to LKR 0.25 a year ago.