The Colombo Fort Land & Building 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 18,763.3 million compared to LKR 20,223.69 million a year ago. Net loss was LKR 203.78 million compared to net income of LKR 1,647.77 million a year ago. Basic loss per share from continuing operations was LKR 0.85 compared to basic earnings per share from continuing operations of LKR 6.87 a year ago.
For the six months, sales was LKR 35,619.99 million compared to LKR 38,160.65 million a year ago. Net loss was LKR 93.07 million compared to net income of LKR 2,019.1 million a year ago. Basic loss per share from continuing operations was LKR 0.39 compared to basic earnings per share from continuing operations of LKR 8.41 a year ago.