People's Merchant Finance PLC reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported revenue was LKR 641.34 million compared to LKR 322.76 million a year ago. Net loss was LKR 88.88 million compared to net income of LKR 105.34 million a year ago.

Basic loss per share from continuing operations was LKR 0.22 compared to basic earnings per share from continuing operations of LKR 0.26 a year ago.