Ceylon Grain Elevators PLC reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was LKR 4,543.64 million compared to LKR 6,106.79 million a year ago. Net loss was LKR 293.51 million compared to net income of LKR 82.42 million a year ago. Basic loss per share from continuing operations was LKR 4.89 compared to basic earnings per share from continuing operations of LKR 1.37 a year ago.
For the six months, sales was LKR 10,227.74 million compared to LKR 12,358.89 million a year ago. Net loss was LKR 1,628.23 million compared to net income of LKR 330.96 million a year ago. Basic loss per share from continuing operations was LKR 27.14 compared to basic earnings per share from continuing operations of LKR 5.52 a year ago.