Singer (Sri Lanka) 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 26,766.96 million compared to LKR 14,530.73 million a year ago. Net income was LKR 1,007.71 million compared to LKR 92.24 million a year ago. Basic earnings per share from continuing operations was LKR 0.89 compared to LKR 0.08 a year ago.
For the nine months, sales was LKR 53,826.2 million compared to LKR 41,766.21 million a year ago. Net loss was LKR 521.55 million compared to net income of LKR 787.63 million a year ago. Basic loss per share from continuing operations was LKR 0.46 compared to basic earnings per share from continuing operations of LKR 0.7 a year ago.