Radiant Gems International PLC reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was LKR 52.01 million compared to LKR 56.92 million a year ago. Net loss was LKR 4.5 million compared to net income of LKR 8.36 million a year ago. Basic loss per share from continuing operations was LKR 1.88 compared to basic earnings per share from continuing operations of LKR 3.48 a year ago.
For the nine months, sales was LKR 166.67 million compared to LKR 164.73 million a year ago. Net income was LKR 15.21 million compared to LKR 22.1 million a year ago. Basic earnings per share from continuing operations was LKR 6.34 compared to LKR 9.21 a year ago.