People's Merchant Finance PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported revenue was LKR 749.6 million compared to LKR 368.64 million a year ago. Net loss was LKR 54.08 million compared to LKR 66.81 million a year ago.

Basic loss per share from continuing operations was LKR 0.13 compared to LKR 0.16 a year ago.