SANASA Development Bank PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was LKR 2,192.22 million compared to LKR 1,390.31 million a year ago. Net income was LKR 32.76 million compared to net loss of LKR 354.45 million a year ago. Basic earnings per share from continuing operations was LKR 0.2 compared to basic loss per share from continuing operations of LKR 6.29 a year ago. Diluted earnings per share from continuing operations was LKR 0.2 compared to diluted loss per share from continuing operations of LKR 6.29 a year ago.
For the nine months, net interest income was LKR 6,054.04 million compared to LKR 4,833.3 million a year ago. Net income was LKR 182.86 million compared to net loss of LKR 276.21 million a year ago. Basic earnings per share from continuing operations was LKR 1.14 compared to basic loss per share from continuing operations of LKR 1.72 a year ago. Diluted earnings per share from continuing operations was LKR 1.14 compared to diluted loss per share from continuing operations of LKR 1.72 a year ago.