Singer (Sri Lanka) 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 14,064.26 million compared to LKR 12,860.67 million a year ago. Net loss was LKR 635.46 million compared to net income of LKR 574.79 million a year ago. Basic loss per share from continuing operations was LKR 0.56 compared to basic earnings per share from continuing operations of LKR 0.52 a year ago.
For the six months, sales was LKR 27,059.24 million compared to LKR 27,235.48 million a year ago. Net loss was LKR 1,529.26 million compared to net income of LKR 695.39 million a year ago. Basic loss per share from continuing operations was LKR 1.36 compared to basic earnings per share from continuing operations of LKR 0.62 a year ago.