Overseas Realty (Ceylon) PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was LKR 721.74 million compared to LKR 499.19 million a year ago. Revenue was LKR 1,224.25 million compared to LKR 2,255.87 million a year ago. Net loss was LKR 580.1 million compared to net income of LKR 1,115.74 million a year ago. Basic loss per share from continuing operations was LKR 0.47 compared to basic earnings per share from continuing operations of LKR 0.9 a year ago.
For the nine months, sales was LKR 2,138.94 million compared to LKR 1,582.57 million a year ago. Revenue was LKR 3,034.97 million compared to LKR 12,793.97 million a year ago. Net income was LKR 2,788.44 million compared to LKR 4,934.68 million a year ago. Basic earnings per share from continuing operations was LKR 2.24 compared to LKR 3.97 a year ago.