Singer Industries (Ceylon) 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 89.44 million compared to LKR 108.93 million a year ago. Net income was LKR 0.039 million compared to net loss of LKR 11.09 million a year ago.
For the nine months, sales was LKR 209.19 million compared to LKR 563.61 million a year ago. Net loss was LKR 102.37 million compared to LKR 0.306 million a year ago. Basic loss per share from continuing operations was LKR 5.12 compared to LKR 0.02 a year ago.