People's Merchant Finance PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was LKR 870.91 million compared to LKR 570.99 million a year ago. Net income was LKR 47.35 million compared to net loss of LKR 22.22 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 nine months, revenue was LKR 2,453.54 million compared to LKR 1,431.75 million a year ago. Net income was LKR 40.73 million compared to net loss of LKR 110.19 million a year ago. Basic earnings per share from continuing operations was LKR 0.1 compared to basic loss per share from continuing operations of LKR 0.27 a year ago.