People's Merchant Finance PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was LKR 833.03 million compared to LKR 492.13 million a year ago. Net income was LKR 47.46 million compared to net loss of LKR 21.15 million a year ago. Basic earnings per share from continuing operations was LKR 0.12 compared to basic loss per share from continuing operations of LKR 0.05 a year ago.
For the six months, revenue was LKR 1,582.63 million compared to LKR 860.76 million a year ago. Net loss was LKR 6.63 million compared to LKR 87.96 million a year ago. Basic loss per share from continuing operations was LKR 0.02 compared to LKR 0.22 a year ago.