Equity Two PLC reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was LKR 37.15 million compared to LKR 33.28 million a year ago. Net loss was LKR 58.38 million compared to net income of LKR 16.6 million a year ago. Basic loss per share from continuing operations was LKR 1.88 compared to basic earnings per share from continuing operations of LKR 0.54 a year ago.
For the nine months, sales was LKR 106.25 million compared to LKR 99.84 million a year ago. Net loss was LKR 22.96 million compared to net income of LKR 50.65 million a year ago. Basic loss per share from continuing operations was LKR 0.74 compared to basic earnings per share from continuing operations of LKR 1.63 a year ago.