Swisstek (Ceylon) PLC reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was LKR 2,172.84 million compared to LKR 3,434.91 million a year ago. Net loss was LKR 273.67 million compared to net income of LKR 251.81 million a year ago. Basic loss per share from continuing operations was LKR 2 compared to basic earnings per share from continuing operations of LKR 1.84 a year ago.
For the full year, sales was LKR 8,970.03 million compared to LKR 9,534.17 million a year ago. Net loss was LKR 567.83 million compared to net income of LKR 842.6 million a year ago. Basic loss per share from continuing operations was LKR 4.15 compared to basic earnings per share from continuing operations of LKR 6.16 a year ago.