Panasian Power 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 185.74 million compared to LKR 203.21 million a year ago. Net loss was LKR 90.92 million compared to LKR 53.62 million a year ago. Basic loss per share from continuing operations was LKR 0.15 compared to LKR 0.09 a year ago.
For the six months, sales was LKR 406.31 million compared to LKR 488.9 million a year ago. Net loss was LKR 131.36 million compared to LKR 13.06 million a year ago. Basic loss per share from continuing operations was LKR 0.21 compared to LKR 0.02 a year ago.