Muller & Phipps (Ceylon) PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 50.02 million compared to LKR 383.61 million a year ago. Net loss was LKR 30.2 million compared to net income of LKR 36.74 million a year ago. Basic loss per share from continuing operations was LKR 0.11 compared to basic earnings per share from continuing operations of LKR 0.13 a year ago.
For the nine months, sales was LKR 427.43 million compared to LKR 885.07 million a year ago. Net loss was LKR 67.76 million compared to net income of LKR 81.51 million a year ago. Basic loss per share from continuing operations was LKR 0.24 compared to basic earnings per share from continuing operations of LKR 0.29 a year ago.