Singer Industries (Ceylon) PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 251.9 million compared to LKR 166.09 million a year ago. Net income was LKR 2.24 million compared to net loss of LKR 11.42 million a year ago. Basic earnings per share from continuing operations was LKR 0.11 compared to basic loss per share from continuing operations of LKR 0.57 a year ago.
For the nine months, sales was LKR 622.69 million compared to LKR 389.06 million a year ago. Net loss was LKR 5.58 million compared to LKR 18.13 million a year ago. Basic loss per share from continuing operations was LKR 0.28 compared to LKR 0.91 a year ago.