Dialog Axiata PLC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022 at 04:36 pm IST
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Dialog Axiata 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 43,308.05 million compared to LKR 35,079.05 million a year ago. Net loss was LKR 12,516.14 million compared to net income of LKR 4,616.56 million a year ago. Basic loss per share from continuing operations was LKR 1.53 compared to basic earnings per share from continuing operations of LKR 0.56 a year ago.
For the six months, sales was LKR 81,559.04 million compared to LKR 67,929.32 million a year ago. Net loss was LKR 28,339.91 million compared to net income of LKR 7,064.8 million a year ago. Basic loss per share from continuing operations was LKR 3.46 compared to basic earnings per share from continuing operations of LKR 0.86 a year ago.
Dialog Axiata PLC and its subsidiaries provide communication services, such as mobile, fixed, broadband, international gateway services; telecommunication infrastructure services, such as tower infrastructure and transmission services; media, such as digital television services based on multiple media- satellite, cable, terrestrial; digital services, including but not limited to digital commerce mobile and eCommerce; electronic payments, including mobile payment; digital health, education, navigation and enterprise services and financial services; software solutions, data center services, manpower services, provision of Information Technology and venture capital investment activities. It operates in three segments: mobile operation, fixed telephony and broadband operation and television operation. The Company serves various industries, including banking, finance and insurance; construction and real estate; government, agriculture and fisheries and leisure and food and beverage.