CT Land Development PLC reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was LKR 59.37 million compared to LKR 69.45 million a year ago. Net loss was LKR 24.13 million compared to net income of LKR 3.76 million a year ago. Basic loss per share from continuing operations was LKR 0.3 compared to basic earnings per share from continuing operations of LKR 0.05 a year ago.
For the nine months, sales was LKR 159.09 million compared to LKR 174.51 million a year ago. Net loss was LKR 47.08 million compared to LKR 22.86 million a year ago. Basic loss per share from continuing operations was LKR 0.58 compared to LKR 0.28 a year ago.