SANASA Development Bank PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was LKR 1,980.69 million compared to LKR 1,474.65 million a year ago. Net income was LKR 106.72 million compared to net loss of LKR 102.51 million a year ago. Basic earnings per share from continuing operations was LKR 0.66 compared to basic loss per share from continuing operations of LKR 0.64 a year ago. Diluted earnings per share from continuing operations was LKR 0.66 compared to diluted loss per share from continuing operations of LKR 0.64 a year ago.
For the six months, net interest income was LKR 3,861.83 million compared to LKR 3,442.99 million a year ago. Net income was LKR 150.1 million compared to LKR 78.24 million a year ago. Basic earnings per share from continuing operations was LKR 0.93 compared to LKR 0.49 a year ago. Diluted earnings per share from continuing operations was LKR 0.93 compared to LKR 0.49 a year ago.