Singer Industries (Ceylon) PLC reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was LKR 88.26 million compared to LKR 213.58 million a year ago. Net loss was LKR 36.42 million compared to net income of LKR 9.94 million a year ago. Basic loss per share from continuing operations was LKR 1.82 compared to basic earnings per share from continuing operations of LKR 0.5 a year ago.
For the six months, sales was LKR 119.75 million compared to LKR 454.68 million a year ago. Net loss was LKR 102.41 million compared to net income of LKR 10.78 million a year ago. Basic loss per share from continuing operations was LKR 5.12 compared to basic earnings per share from continuing operations of LKR 0.54 a year ago.